VMware Inc (VMW). The business software maker on Monday posted quarterly profit ahead of market estimates, helped by growth in the Asia Pacific market, and it forecast fourth-quarter revenue above analysts' expectations. VMware forecast fourth-quarter revenue of $1.03 billion to $1.06 billion. Net income for the third quarter more than doubled to $177.5 million, or 41 cents a share, from $84.6 million, or 20 cents a share, a year ago.
VMW is currently up 0.05 to 89.55
Last night, the stock was down 10 at one point.
Tuesday, October 18, 2011
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