Server virtualization software company VMware (VMW) declared impressive third-quarter of fiscal 2022 results on November 23, with both the top and the bottom lines outpacing the Street consensus estimates. A decent fiscal 4Q guidance and raised expectations for FY22 were the highlights of the quarter. Expert Observes Upsides Monness Crespi analyst Brian White was upbeat about the Q3 performance. “The tone of the call was constructive with VMware finally free from Dell Technologies (DELL), executing well, and continuing to introduce new innovations,” he said. (See Analysts’ Top Stocks on TipRanks) Unfortunately, the solid results failed to excite investors and did not stir any meaningful price change.
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Vmware (NYSE:VMW)
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