UPDATED 08:30 EDT / APRIL 05 2012

VMware’s Upcoming Earnings Report and How it’s Tied to EMC

VMware announced the date of its earnings call for the first quarter of 2012. There’s no forecast available publicly at the time of writing, but the company has seen a lot of growth in recent quarters.

The official posting is as follows:

VMware, Inc., the global leader in virtualization and cloud infrastructure, plans to announce first quarter results after market close on Wednesday, April 18, 2012. The company will host a conference call at 2:00 p.m. PT/ 5:00 p.m. ET that day to review financial results and business outlook. A live web broadcast of the event will be available on the VMware Investor Relations website at http://ir.vmware.com. The replay of the webcast will be available for two months.

The virtualization giant reported a profit of of 46 cents a share, or $200.4 million, from a revenue of $1.06 billion in the fourth quarter of 2011. These figures both represented double-digit YoY growth, and the net earnings even beat analysts’ average expectation by four percent – all in all, there’s nothing to suggest a decline now.

VMware is quickening its pace now that companies are upgrading their IT infrastructure to accommodate the new decade’s demands, as well as the growing amounts of data they have to store and analyze. The same can be said of storage giant EMC, which owns a majority stake of VMware and has heavily integrated its portfolio with the latter’s.  This is the main reason its investors are monitoring both companies, in spite of the separate tickers.

This however is not a reason for concern, considering EMC is seeing just as much growth as its subsidiary. An IDC report from earlier this year placed the company firmly in the position of the no. 1 storage vendor, a description that Joe Tucci’s enterprise  has been answering to for a fairly long time.


Since you’re here …

… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.

If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.