VMware (NYSE:VMW) reported its Q1 earnings results on Thursday, May 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
VMware missed estimated earnings by 18.47%, reporting an EPS of $1.28 versus an estimate of $1.57.
Revenue was up $94.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.02% increase in the share price the next day.
Here's a look at VMware's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.97 | 1.54 | 1.64 | 1.73 |
| EPS Actual | 2.02 | 1.72 | 1.75 | 1.76 |
| Revenue Estimate | 3.52B | 3.12B | 3.10B | 2.98B |
| Revenue Actual | 3.53B | 3.19B | 3.14B | 2.99B |
To track all earnings releases for VMware visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
