VMware results for Q1 2014

Posted by Paola Cornacchiola   |   Wednesday, April 23rd, 2014   |  

On April 22, VMware released the results about its growth for Q1 2014.

VMware, announced a total  revenue growth of $1.36 billion, for an increase of 14 percent compared to Q1 2013.

Operating income for the first quarter was $241 million, an increase of 51% from the first quarter of 2013.

Operating Margin registered an increase of 51%, as reported in the official news.

The non-GAAP Operating Margin registered an increment of 9% from Q1 2013, with an income of $423 million.

Operating cash flows had an increase of 11% from Q1 2013.

Pat Gelsinger, chief executive officer, VMware, declared:

Our strong financial results reflect VMware’s unique position in helping customers transform their IT infrastructure,  as the industry shifts from client server computing to the mobile-cloud era, customers are choosing our solutions because we have the most complete vision and offering for navigating this evolving world.

Jonathan Chadwick, chief financial officer, VMware, said:

We are pleased with our first quarter comparable revenue growth of 18% as customer adoption across our solutions and services continues to grow, our integration of AirWatch and our new product line-up provides customers with the strongest portfolio of products and services in the industry.


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