VMware revenue up 15% to $1.7 bn, Q4 2014 net income dips 2%

VMware today said its Q4 2014 revenue grew 15 percent to $1.7 billion, while net income dipped 2 percent to $326 million.

2014 revenue of VMware increased 16 percent to $6.04 billion, while net income decreased 13 percent to $886 million.

License revenues for the fourth quarter grew 13 percent to $777 million.

VMware CEO Pat Gelsinger

“Customers continue to partner with VMware because we offer a new model for IT designed to rapidly and automatically deliver any app, anywhere, without sacrificing the need for security, availability and compliance,” said Pat Gelsinger, chief executive officer, VMware.

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