Investing.com - VMware reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
VMware announced earnings per share of $1.81 on revenue of $2.88B. Analysts polled by Investing.com anticipated EPS of $1.45 on revenue of $2.8B.
VMware shares are down 5.84% from the beginning of the year and are trading at $146.81 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
VMware shares gained 2.71% in after-hours trade the report.
VMware follows other major Technology sector earnings this month
VMware's report follows an earnings beat by Apple on Thursday, July 30, 2020, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.29B.
Alphabet C had beat expectations on Thursday, July 30, 2020 with second quarter EPS of $10.13 on revenue of $38.3B, compared to forecast for EPS of $7.95 on revenue of $37.33B.
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