Saturday, May 21, 2022
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory
  • Login
  • Register
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
No Result
View All Result
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
No Result
View All Result
Cloud7 News
No Result
View All Result

Home > Cloud Computing > VMware reports first quarter results

VMware reports first quarter results

VMware announced financial results for the first quarter of fiscal year 2021 and it is better than expected.

Erdem Yasar by Erdem Yasar
May 30, 2020
in Cloud Computing
1 min read
0 0
0
VMware reports first quarter results
0
SHARES
8
VIEWS
Share on FacebookShare on TwitterShare on EmailFollow on Google News

VMware reports the first quarter of fiscal year 2021 financial results. VMware announced that the revenue for the first quarter was $2.73 billion, an increase of 12% from the first quarter of the previous year. Subscription and SaaS and license revenue is also increased by 17% from the first quarter of fiscal 2020 to $1.23 billion. The combination of subscription and SaaS and license revenue plus sequential change in unearned subscription and SaaS and license revenue grew 16% year-over-year.

12% increase in revenue

Zane Rowe, executive vice president and CFO, VMware
Zane Rowe, executive vice president and CFO, VMware

VMware also stated that operating cash flow for the first quarter was $1.37 billion. Free cash flow for the first quarter was $1.29 billion. RPO for Q1 totaled $10.1 billion, up 19% year-over-year. Total revenue plus sequential change in total unearned revenue grew 6% year-over-year. Zane Rowe, executive vice president and CFO, VMware said,

“In these unprecedented times, we delivered a solid performance and strong execution in Q1 FY21. Ensuring the safety and well-being of our employees and addressing our customers’ rapidly changing needs have been our top priorities. We serve as an essential digital service to those customers who provide essential services, helping them scale efficiently and more securely. Q1 demonstrated our ability to drive a positive ROI and enhanced resilience for customers undergoing digital transformations. The quarter also highlighted VMware’s strengths and opportunities in a challenging economic environment.”

See more Cloud Computing News


Tags: VMware
ShareTweetSendShare
Get free daily newsletters from Cloud7 News Get the Cloud7 Newsletter

Check your inbox or spam folder to confirm your subscription.

By subscribing, you agree to our
Copyright Policy and Privacy Policy
Previous Post

Cisco to acquire ThousandEyes

Next Post

NSA pinpoints Sandworm attacks targetting email servers

Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

Related News

Microsoft has released February security patches

Microsoft is releasing a sustainability reporting tool

May 19, 2022 5:15 pm
Jupiter theme and plugins for WordPress are critically vulnerable

Jupiter theme and plugins for WordPress are critically vulnerable

May 19, 2022 12:35 pm

Aiven raises $210 million

May 17, 2022 7:31 pm
Komodor raises $42 Million Series B funding round

Komodor raises $42 Million Series B funding round

May 16, 2022 5:30 pm
Next Post
NSA pinpoints Sandworm attacks targetting email servers

NSA pinpoints Sandworm attacks targetting email servers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Editor's Choice

Interview with Igor Seletskiy on AlmaLinux

7 best hosting control panels

How to update Linux Kernel without rebooting?

7 best Linux mail servers for 2022

7 best cPanel alternatives for 2022

7 best Linux web browsers for 2022

cPanel Security: 7 steps to secure cPanel

7 best CentOS alternatives

7 best Linux server distros for 2022

How to scan your server for Log4j (Log4Shell) vulnerability

Best web hosting service providers

AlmaLinux 8.6 Stable is ready to download

Ubuntu 22.04 LTS is available for download. What is new?

Advertisement

Recent News

  • Oracle Linux 8.6 is ready to download
  • Imunify Security has announced Dashboard PRO
  • Microsoft SQL servers are targeted with brute-force attacks
  • Google OAuth client library for Java had a high severity flaw
  • The Linux malware XOR DDoS is on the rise again

Our Latest Interview

Interview: Erez Barak, Vice President Observability of Sumo Logic
Interview

Interview: Erez Barak, Vice President Observability of Sumo Logic

by Atalay Kelestemur
November 25, 2021 3:23 am


Cloud7 News is a news source that publishes the latest news, industry news and exclusive interviews on web hosting, cloud computing, data center, cybersecurity and linux.

News Categories

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cybersecurity
  • Linux
  • Network/Internet
  • Software
  • Hardware
  • Blockchain

Our Free Modules

  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About Us
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2022, Cloud7 News. Latest Cloud Computing, Web Hosting, Data Center Industry and Tech News

No Result
View All Result
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

© 2022, Cloud7 News. Latest Cloud Computing, Web Hosting, Data Center Industry and Tech News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.