/// VMware Earnings Fall, Revenue Forecast Lowered

April 23, 2013  |  All Things Digital

VMware Inc.’s first-quarter earnings declined 9.3 percent as realignment charges weighed on the software maker’s results, though services revenue and core earnings improved. Shares fell 6.8 percent to $70.80 after hours as the company lowered its full-year revenue guidance and offered weak estimates for the second quarter. Through the close, the stock has fallen 20 percent since the start of the year. Read the rest of this post on the original site »

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VMware Earnings Fall, Revenue Forecast Lowered

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