VMware results for Q1 2015

VMware released the results about its growth for Q1 2015.

VMware, announced a total  revenue growth of $1.51 billion, for an increase of 11 percent compared to Q1 2014. License revenues were $576 million, with an increase of 3% from same quarter last year.

Operating income for the first quarter was $218 million, a decrease of 9% from the first quarter of 2014.

The non-GAAP Operating Margin registered an increment of 7% from Q1 2014, with an income of $451 million.

Operating cash flows were $683 million for the first quarter of 2015.

Pat Gelsinger, chief executive officer, VMware, said:

We started 2015 with solid Q1 results and one of the most significant product launches in our history, with the announcement of the industry’s first unified platform for the hybrid cloud.

Jonathan Chadwick, chief financial officer and chief operating officer, VMware, declared:

We’re pleased with our Q1 revenue growth of 13% on a constant currency basis, we executed well in the first quarter and continued to broaden our portfolio with a range of products that will drive our growth in the future.