VMware Q1 2014 result: revenues up 14%, net income increases 14%

Cloud infrastructure vendor VMware today said its Q1 2014 revenue increased 14 percent to $1.36 billion, while net income rose 14 percent $199 million.

VMware said its operating income rose 51 percent to $241 million.

VMware revenue from license increased to $561 million in Q1 2014 from $488 million in Q1 2013, while professional service was flat at $98 million and software maintenance income rose to $701 million from $605 million.

Pat Gelsinger, chief executive officer, VMware

Pat Gelsinger, chief executive officer, VMware, said:  “As the industry shifts from client server computing to the mobile-cloud era, customers are choosing our solutions because we have the most complete vision and offering for navigating this evolving world.”

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