Feeds

VMware posts 90% revenue jump

Hypervisor hype drives sales

Top 5 reasons to deploy VMware with Tegile

Virtualisation software giant VMware has pumped out impressive third quarter results with profit up 90 per cent buoyed by strong sales of its hypervisor package.

The firm, which went public on Wall Street in August this year, posted combined license and services revenue of nearly $358m.

It saw net income of $64.7m, or $0.18 per diluted share for the three months ended 30 September 2007.

VMware's unaudited figures leapt a considerable amount on the same period last year when the firm reported consolidated revenues of $189m and net income of $19m.

Microsoft has in recent months attempted to curtail VMware's stance as market leader in the field of software virtualisation by buddying up with Citrix and Novell.

But the Redmond-based software mammoth appears to have come late to the party with its latest hypervisor package, code named Viridian, which is not expected to hit the shelves until summer 2008.

Shares in VMware are currently trading at $103.5 on the New York Stock Exchange, unchanged on the previous close.

The full results can be viewed here. ®

Beginner's guide to SSL certificates

More from The Register

next story
Ellison: Sparc M7 is Oracle's most important silicon EVER
'Acceleration engines' key to performance, security, Larry says
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Lenovo to finish $2.1bn IBM x86 server gobble in October
A lighter snack than expected – but what's a few $100m between friends, eh?
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.