Feeds

VMware posts 90% revenue jump

Hypervisor hype drives sales

Beginner's guide to SSL certificates

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. ®

Security for virtualized datacentres

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
CAGE MATCH: Microsoft, Dell open co-located bit barns in Oz
Whole new species of XaaS spawning in the antipodes
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
AWS pulls desktop-as-a-service from the PC
Support for PCoIP protocol means zero clients can run cloudy desktops
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.