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VMware Earnings Preview: 5 Things To Watch Out For

Here are five key things to watch out for during VMware’s second quarter financial earnings report this week around layoffs, subscription and SaaS revenue, and Dell Technologies.

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VMware Second Quarter Earnings

The virtualization and rising hybrid cloud superstar is set to report its second fiscal quarter financial earnings this week as VMware continues to try to fight off any sales drop during the coronavirus pandemic.

The pandemic didn’t slow down VMware sales during the beginning of COVID-19, from February through April, as the company reported first fiscal quarter revenue of $2.73 billion, an increase of 12 percent year over year. “We serve as an essential digital service to those customers who provide essential services, helping them scale efficiently and more securely,” said VMware CEO Pat Gelsinger during the company’s first quarter earnings report in late May.

VMware will report its second fiscal quarter financial results on Aug. 27 at 4:30 p.m. ET. Here are the five things VMware channel partners, investors and customers should know heading into Thursday’s financial earning report.

 
 
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