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VMware Reports Fourth Quarter and Fiscal Year 2021 Results


FY21 revenue of $11.8 billion; growth of 9% year-over-year
Subscription and SaaS revenue of $2.6 billion; 22% of total revenue for FY21
PALO ALTO, Calif.–(BUSINESS WIRE)–$VMW#earnings–VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the fourth quarter and full fiscal year 2021:
Quarterly Review
Revenue for the fourth quarter was $3.3 billion, an increase of 7% from the fourth quarter of fiscal 2020.
The combination of Subscription and SaaS and license revenue was $1.7 billion, an increase of 8% from the fourth quarter of fiscal 2020.
Subscription and SaaS revenue for the fourth quarter was $707 million, an increase of 27% year-over-year.
GAAP net income for the fourth quarter was $791 million, or $1.87 per diluted share, compared to $321 million, or $0.76 per diluted share, for the fourth quarter of fiscal 2020. Non-GAAP net income for the fourth quarter was $936 million, or $2.21 per dilu ....

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Digital Asset Shapes Future Of Interoperable Applications: Showcases Strong Adoption Of Open Source Smart Contract Language Daml - Daml Customer Base Tripled, Partner Ecosystem Doubled In Size In 2020


Date
04/02/2021
Digital Asset, the creators of the open source smart contract language called Daml, today announced the company experienced strong 2020 momentum, including strong user community growth, customer and partner expansion, and technology advancements. The milestones reflect the rising demand for Daml as more businesses worldwide realize the cost- and time-saving benefits of creating interoperable applications that can run across any traditional database or distributed ledger technology like blockchain.
Daml is an open source smart contract language used by developers to write and deploy full-stack, distributed applications for DLT, blockchain, or databases in days. It is purpose-built to support multiparty business workflows in any industry with widespread adoption in finance CBInsights, ranked Daml as one of the 10 most popular Distributed Ledger Technology (DLT ) networks to build capital markets infrastructure services and growing interest in hea ....

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Týden na ITBiz: Prodej hardwaru as-a-service si vysloužil kritiku
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