VMware Beats Street Forecasts in Q4 Earnings Report
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VMware reports its revenue increased 18 percent to 8 million in the fourth quarter, substantially above the average analyst forecast of 4 million. The virtualization company also reports profit of 31 cents a share, which beat the average analyst forecast of 26 cents.
- Virtualization software maker VMware on Jan. 25 dazzled Wall Street with its quarterly results and cautiously predicted that its sales and licensing income growth could more than double in 2010 over the previous year if the economy continues to improve.
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