Virtualization King VMware Falls On Outlook Reality

By | January 28, 2015

Scalper1 News

VMware (VMW) late Tuesday reported better-than-expected fourth-quarter earnings, but the virtualization software maker gave a weak revenue outlook for Q1 and 2015. VMware stock fell 6% to 75.75 in the stock market today. VMware shares are at their lowest levels since July 2013. In the quarter, the leading provider of server virtualization software reported earnings per share minus items of $1.08, up 6.9% from the year-earlier period. Analysts Scalper1 News

Scalper1 News