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Virtualization News

VMware Earnings: 5 Important Things To Know

Mark Haranas

Here’s what channel partners and investors should watch for during VMware’s third quarter financial earnings report on Tuesday.

VMware Q3 Earnings Preview

VMware will report its fiscal 2021 third quarter financial earnings on Tuesday as the virtualization superstar looks to continue sales momentum during the COVID-19 pandemic.

For its fiscal 2021 second quarter VMware reported total sales of $2.88 billion, up nearly 10 percent year over year, as the company has yet to feel any significant negative effects from the economic uncertainty stemming from the coronavirus pandemic. The Palo Alto, Calif.-based company is scheduled to report its fiscal 2021 third quarter earnings on Nov. 24 at 4:30 pm (EST).

Here are five important areas of interest that investors, customers and channel partners should watch for when VMware announces its financial results on Tuesday.

 
Mark Haranas

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at mharanas@thechannelcompany.com.

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