Welcome to our dedicated page for VMware news (Ticker: VMW), a resource for investors and traders seeking the latest updates and insights on VMware stock.
VMware, Inc. (NYSE: VMW) is a global leader in cloud infrastructure, business mobility, and virtualization software. Headquartered in Palo Alto, California, VMware is celebrated for pioneering the use of virtualization and policy-driven automation technologies that simplify IT complexities across data centers and virtual workplaces. The company empowers its customers through solutions that span software-defined data centers, hybrid cloud computing, and mobile workspaces.
VMware boasts an impressive portfolio, including over 500,000 customers, 75,000 partners, and a workforce of more than 18,000 employees situated in 120+ locations worldwide. The company's product lineup features industry-leading solutions such as vSphere for server virtualization, NSX for network virtualization, and vSAN for software-defined storage. Additionally, VMware's Workspace ONE provides comprehensive digital workspace management, enhancing business mobility and security.
In recent corporate developments, VMware has made significant strides. For instance, the Broadcom acquisition is poised to bolster VMware's capabilities, having received all required regulatory approvals. This expansion aims to enhance global technology solutions, especially in critical markets like data centers, networking, and enterprise software.
VMware’s commitment to social responsibility is evident in its VMware 2030 Agenda, a program directed towards building a more sustainable, equitable, and secure future. One illustrative example is the company's Academic Software Licensing Program, which supports non-profit projects through the provision of essential virtualization software. A recent case involved Germany's Care-For-Rare Foundation, where VMware stepped in to provide necessary licenses for a server donation, enabling the use of AI tools for diagnosing rare diseases in children.
Financially, VMware has shown solid performance. As of 2014, the company reported revenues of $6.04 billion. VMware continues to innovate and expand its offerings, ensuring it remains at the forefront of the IT industry.
VMware (NYSE: VMW) announced that CFO Zane Rowe and President Sumit Dhawan will present at the Jefferies Software Summit on January 10, 2022, at 9:00 a.m. PT / 12:00 p.m. ET. A live webcast will be accessible on VMware's Investor Relations page, with a replay available for two months.
VMware is a leader in multi-cloud services, enhancing digital innovation with enterprise control. The company is based in Palo Alto, California, and is focused on a sustainable future through its 2030 Agenda.
VMware (NYSE: VMW) announced its position as a leader in the IDC MarketScape: Worldwide SD-WAN Infrastructure 2021 Vendor Assessment. This report evaluated 12 SD-WAN providers, highlighting VMware's SD-WAN solution for its application performance optimization and security features. The company is enhancing its SD-WAN capabilities through secure access service edge (SASE), enabling secure access to cloud applications. VMware's acquisition of VeloCloud strengthens its standing in the SD-WAN market, as it aims to meet customer demands for integrated security and networking services.
VMware has been recognized as a leader in The Forrester Wave™: Unified Endpoint Management, Q4 2021, achieving the highest score in the current offering category for its solution, Workspace ONE. This platform supports diverse operating systems and integrates with human capital management tools for superior user experience. Recent enhancements include Digital Employee Experience Management and a new compliance engine aimed at improving security. The report highlights VMware's balance of employee experience and management, making it ideal for large enterprises in various sectors.
VMware, a leader in enterprise software, announced that president Sumit Dhawan will present at the UBS Global TMT Virtual Conference on December 6, 2021, at 7:00 a.m. PT / 10:00 a.m. ET. A live webcast will be available on VMware’s Investor Relations page, with a replay accessible for two months. VMware is recognized for its multi-cloud services, driving digital innovation while maintaining enterprise control. The company emphasizes its commitment to a sustainable future through its 2030 Agenda.
VMware announced that CEO Raghu Raghuram will deliver a keynote address at the Raymond James Technology Investors Conference on December 6, 2021, at 8:30 a.m. PT. The event will be webcast live, accessible via VMware's Investor Relations page, with a replay available for two months. VMware is a leader in multi-cloud services, supporting digital innovation with enterprise control.
VMware (NYSE: VMW) announced that CEO Raghu Raghuram will present at the Barclays Global TMT Conference on December 7, 2021, at 8:30 a.m. PT / 11:30 a.m. ET. A live webcast will be accessible on VMware's Investor Relations page, with a replay available for two months.
VMware is a leader in multi-cloud services, facilitating digital innovation with enterprise control, and is committed to its 2030 Agenda for a better future.
VMware has been recognized as a Leader in Gartner's November 2021 Magic Quadrant for Hyperconverged Infrastructure Software for the fifth consecutive time. The company was also noted for its strong Completeness of Vision. VMware's vSAN, adopted by over 30,000 customers including more than 80% of the Global 2000, supports hybrid cloud deployments. VMware's Cloud Foundation provides secure software-defined services across hybrid environments, enhancing operational consistency.
VMware (NYSE: VMW) has partnered with Mitacs to launch the Digital Equity Grid Innovation initiative, focusing on applied research for sustainable 6G infrastructure. A research center will be established in Montreal, in conjunction with the IEEE Future Networks Initiative, to tackle challenges in digital equity and environmental sustainability. The initiative aims to foster technology that connects underserved communities and promotes clean tech solutions aligned with VMware’s 2030 Agenda.
VMware reported total revenue of $3.19 billion for Q3 FY2022, an 11% increase year-over-year. Subscription and SaaS revenue reached $820 million, up 21%, while ARR grew 25% to $3.31 billion. GAAP net income declined 8% to $398 million, or $0.94 per diluted share. Non-GAAP net income increased 3% to $725 million, or $1.72 per diluted share. Operating cash flow was strong at $1.09 billion. The company continues to focus on multi-cloud innovation, with advancements announced at VMworld 2021. VMware's commitment to diversity and ESG leadership was recognized by various industry accolades.
VMware (NYSE: VMW) has announced that Sumit Dhawan, its president, will present at the Wells Fargo Virtual TMT Summit on Wednesday, December 1, 2021, at 1:00 p.m. PT / 4:00 p.m. ET. A live webcast will be available on VMware’s Investor Relations page, with a replay accessible for two months. Headquartered in Palo Alto, California, VMware is a leader in multi-cloud services, focused on enabling digital innovation and enterprise control. For more details, visit ir.vmware.com.
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