VMware Reports Fiscal Year 2024 First Quarter Results
VMware News, Thursday, June 1,2023
Subscription and SaaS Revenue of $1.22 billion, an increase of 35% year-over-year
VMware announced financial results for the first quarter of fiscal year 2024:
Revenue for the first quarter was $3.28 billion, an increase of 6% from the first quarter of fiscal 2023.
Subscription and SaaS revenue for the first quarter was $1.22 billion, an increase of 35% year-over-year.
Subscription and SaaS revenue constituted 37% of total revenue for the quarter.