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22 July 2010 ,
Written by Dhruv Tanwar
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VMware, Inc. has announced its financial results for the second quarter 2010.
Revenues for the second quarter were $674 million, an increase of 48% from the second quarter of 2009. Operating income was $101 million, higher by 166% from the second quarter of 2009. Net income was $75 million, or $0.18 per diluted share, compared to $33 million, or $0.08 per diluted share, for the same quarter in 2009.
Cash, cash equivalents and short-term investments as of June 30, 2010 were $2.8 billion, 21% more than a year ago. Total deferred revenues were $1.5 billion, an increase of 58% from the same period a year ago.
US revenues increased 43% to $334 million as compared to the second quarter of 2009, while international revenues for the second quarter grew 53% to $340 million. License revenues were $324 million and services revenues, including software maintenance and professional services, were $350 million. |