VMWARE, INC. (NYSE:VMW) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k

5 years ago

VMWARE, INC. (NYSE:VMW) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.

On May 30, 2019, VMware issued a press release announcing its financial results for the quarter ended May 3, 2019. The press release, which includes information regarding VMwares use of non-GAAP financial measures, is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

The information in this Item 2.02 and the Exhibit attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.

Item 8.01 Other Events.

On May 29, 2019, the Board of Directors of VMware authorized the repurchase of up to $1.5 billion of VMwares Class A common stock through the end of fiscal year 2021. Stock repurchases may be made from time-to-time in open market transactions or privately negotiated transactions. The timing of any repurchase and the actual number of shares repurchased will depend on a variety of factors, including VMwares stock price, corporate and regulatory requirements and other market and economic conditions. VMware issued a press release to announce adoption of the stock repurchase program, attached hereto as Exhibit 99.1 and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

VMWARE, INC. Exhibit
EX-99.1 2 d756335dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 VMware Reports Fiscal Year 2020 First Quarter Results Total revenue growth of 13% year-over-year Additional $1.5B in stock repurchases authorized through the end of fiscal 2021 PALO ALTO,…
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About VMWARE, INC. (NYSE:VMW)

VMware, Inc. is a provider of virtualization infrastructure solutions and cloud infrastructure solutions. The Company develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC). Its compute virtualization includes offerings that allow organizations to manage Information technology (IT) resources across private clouds and complex multi-cloud, and multi-device environments. Its SDDC is designed to transform the data center into an on-demand service. Its cloud strategy has three components, which include continue to expand beyond compute virtualization in the private cloud, extend the private cloud into the public cloud, and connect and secure endpoints across a range of public clouds. Its End-User Computing portfolio enables IT organizations to deliver secure access to applications, data and devices for their end users.