Analyst Commentary

VMware nears the $2B mark in quarterly revenue as it goes to market with cloud infrastructure front-runners

Portfolio enhancements through R&D and especially partnerships continue to boost VMware revenue

VMware (NYSE: VMW) posted strong results in 3Q17, growing top-line revenue 11.1% year-to-year to nearly $2 billion, with license and services growth of 13.6% and 9.6% year-to-year, respectively. Quarterly results displayed progress across VMware’s portfolio of products and services, particularly in key growth areas such as hybrid cloud and SaaS, which together now comprise 8% of total revenue. The company is collaborat...

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