Hybrid Clouds, End-User Computing, SDN To Boost VMware’s Q1 Earnings
April 18, 2015
Grazed from Trefis. Author: Editorial Staff.
Virtualization and cloud computing provider VMware is scheduled to announce its first quarter earnings on Tuesday, April 21st. VMware has been one of the fastest growing companies in its domain, with a 16% year over year growth in net revenues to $6 billion in 2014.
The company reported a 14% increase in product license revenues over the prior year period to $2.6 billion. On the other hand, services revenues were up by 17% year over year to over $3.4 billion…
Management attributed much of the growth to fast-growing market segments such as hybrid cloud services, end-user computing and network virtualization, now often called software-defined networking (SDN)…
Read more from the source @ http://www.trefis.com/stock/vmw/articles/290130/apr-21hybid-clouds-end-user-computing-sdn-to-boost-vmwares-q1-earnings/2015-04-17