VMware Q2 revenues up 11 percent to $1.24 billion

Virtualization and cloud infrastructure provider VMware said its revenues for the second quarter increased 11 percent to $1.24 billion.

Operating income rose 28 percent to $270 million.

VMware’s net income increased 28 percent to $244 million.

The company said annual 2013 revenues are expected to be in the range of $5.12 billion to $5.26 billion, and annual license revenues are expected to be in the range of $2.21 billion to $2.29 billion.

VMware’s Q3 2013 revenues are expected to be in the range of $1.27 billion to $1.30 billion, and license revenues are expected to be between $535 million and $555 million.

Pat Gelsinger, chief executive officer, VMware, said: “We see a significant market opportunity in the second half of 2013 and beyond. VMware continues to succeed because we are uniquely positioned to help customers move from the client-server era to the mobile-cloud era of computing.”

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