PALO ALTO, Calif. (AP) — Software maker VMware Inc. said Monday its fourth-quarter earnings more than doubled from a year ago, boosted by a 37 percent increase in revenue.
The results, along with the company's sales forecast for the quarter ending in March, topped Wall Street forecasts.
VMware helps businesses save money on power and equipment by providing software that allows one computer to function as several. It earned $119.9 million, or 28 cents per share, in the last three months of 2010. That's up from $56.4 million, or 14 cents per share, a year earlier.
Stripping out unusual items, VMware said it would have earned 46 cents per share, up from 31 cents. Analysts, …
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