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VMware, Inc. (VMW) Q1 Earnings Disappoint, Shares Drop 8%

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HFA Staff
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VMware, Inc. (NYSE:VMW) announced its earnings for the first quarter of 2013 today after the market closed. The company announced that it had earned $0.74 per share in the first three months of 2013, on revenue of $1.19 billion. On today's market shares in VMware, Inc. (NYSE:VMW) trended up, finishing the day at $75.79.

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Analysts studying the company were looking for earnings of 70 cents per share form VMware, Inc. (NYSE:VMW) in this report, on revenue of $1.2 billion. In the same three months of 2012, the company earned 66 cents per share on revenue of $1.1 billion. Leading up to the announcement of the earnings report,...

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