Dell Technologies Earnings
VMware is majority owned by the $92 billion infrastructure Dell Technologies. VMware and Dell have a strong strategic go-to-market partnership and continue to drive integrations in many different market segments, from SD-WAN and hyperconverged infrastructure to 5G.
Dell will report its fiscal 2021 third quarter earnings on Tuesday at 5:30 p.m. EST just one hour after VMware. According to Zacks Consensus Estimate, Dell is on pace to generate $21.93 billion in total revenue during its third fiscal quarter, representing a roughly 4 percent sales decline year over year. During Dell’s fiscal 2021 second quarter, which ended July 31, the Round Rock, Texas-based company generated $23.73 billion in revenue, representing a sales decrease of 3 percent year over year.
VMware partners and investors should keep a keen eye on Dell’s results, especially since Dell is looking to eventually spin-off its 81 percent stake in VMware to Dell Technologies and VMware shareholders.