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.