Analyst Commentary

VMware raised the bar in its first quarter, reporting double-digit revenue growth as cloud gains scale

VMware (NYSE: VMW) posted strong results in 1Q18 (FY1Q19), growing top-line revenue 13.8% year-to-year to over $2 billion, with license and services growth of 20.7% and 9.8% year-to-year, respectively. Quarterly results underscore ongoing progress across VMware’s solution set, particularly in cloud, across public, private and hybrid delivery methods, as Hybrid Cloud and SaaS together comprised over 10% of total first quarter revenue, a first for the company. The company continues to invest in R&D to build out its capabilities, underscored by...

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