Feeds

VMware posts 90% revenue jump

Hypervisor hype drives sales

Secure remote control for conventional and virtual desktops

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. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
BOFH: WHERE did this 'fax-enabled' printer UPGRADE come from?
Don't worry about that cable, it's part of the config
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
Want to STUFF Facebook with blatant ADVERTISING? Fine! But you must PAY
Pony up or push off, Zuck tells social marketeers
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Oi, Europe! Tell US feds to GTFO of our servers, say Microsoft and pals
By writing a really angry letter about how it's harming our cloud business, ta
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
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.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.