VMware reports Q3 2013 revenue increase of 14% from third quarter 2012

VMware  today announced financial results for the third quarter of 2013:

  • Revenues for the third quarter were $1.29 billion, an increase of 14% from the third quarter of 2012. Excluding revenues attributable to GoPivotal and all divestitures that occurred in 2013, revenues for the third quarter increased 19% from the third quarter of 2012
  • Operating income for the third quarter was $287 million, an increase of 51% from the third quarter of 2012. Non-GAAP operating income for the third quarter was $436 million,an increase of 19% from the third quarter of 2012.
  • Net income for the third quarter was $261 million, or $0.60 per diluted share, up 67% per diluted share compared to $157 million, or $0.36 per diluted share, for the third quarter o 2012. Non-GAAP net income for the quarter was $363 million, or $0.84 per diluted share, up 20% per diluted share compared to $303 million, or $0.70 per diluted share, for the third quarter of 2012.

We are very pleased with our third quarter performance, meeting or exceeding all of our key goals for the quarter, 2013 continues to play out according to the plan we shared at the beginning of the year. We are seeing strong customer demand for new solutions such as the software-defined data center, and I’m excited about our prospects for the remainder of 2013 and beyond.

said Jonathan Chadwick, chief financial officer, VMware.

All the financial data can be found in this pressrelease.