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Dell Technologies Inc. reports developments across enterprise information technology, including commercial personal computers, workstations, data-center hardware, storage systems and services for AI workloads. Company news commonly covers portfolio updates such as Dell Pro notebooks, Dell Pro Precision workstations, Dell Pro Max systems, monitors and client peripherals, as well as AI infrastructure offerings built around the Dell AI Factory with NVIDIA, the Dell AI Data Platform and Dell Data Lakehouse architecture.
Recurring updates also address partnerships and integrations with technology vendors, cybersecurity and cyber-resilience capabilities, storage platforms including ECS, ObjectScale and PowerScale, and management presentations on financial strategy. Corporate governance items may include proxy-related matters and incorporation-governance proposals tied to the company's public-company structure.
VMware (NYSE: VMW) announced that CEO Raghu Raghuram will present at the Barclays Global TMT Conference on December 7, 2021, at 8:30 a.m. PT / 11:30 a.m. ET. A live webcast will be accessible on VMware's Investor Relations page, with a replay available for two months.
VMware is a leader in multi-cloud services, facilitating digital innovation with enterprise control, and is committed to its 2030 Agenda for a better future.
VMware has been recognized as a Leader in Gartner's November 2021 Magic Quadrant for Hyperconverged Infrastructure Software for the fifth consecutive time. The company was also noted for its strong Completeness of Vision. VMware's vSAN, adopted by over 30,000 customers including more than 80% of the Global 2000, supports hybrid cloud deployments. VMware's Cloud Foundation provides secure software-defined services across hybrid environments, enhancing operational consistency.
VMware (NYSE: VMW) has partnered with Mitacs to launch the Digital Equity Grid Innovation initiative, focusing on applied research for sustainable 6G infrastructure. A research center will be established in Montreal, in conjunction with the IEEE Future Networks Initiative, to tackle challenges in digital equity and environmental sustainability. The initiative aims to foster technology that connects underserved communities and promotes clean tech solutions aligned with VMware’s 2030 Agenda.
Dell Technologies achieved record financial results for Q3 FY2022, reporting $28.4 billion in revenue, a 21% year-over-year increase. Diluted EPS rose to $4.87, reflecting a 351% increase. Operating income reached $1.3 billion, up 19%, with net income totaling $3.9 billion. Notably, the Client Solutions Group revenue hit $16.5 billion, up 35%, driven by commercial and consumer growth. Remaining performance obligations stood at $47 billion, a 26% increase, showcasing strong future prospects.
VMware reported total revenue of $3.19 billion for Q3 FY2022, an 11% increase year-over-year. Subscription and SaaS revenue reached $820 million, up 21%, while ARR grew 25% to $3.31 billion. GAAP net income declined 8% to $398 million, or $0.94 per diluted share. Non-GAAP net income increased 3% to $725 million, or $1.72 per diluted share. Operating cash flow was strong at $1.09 billion. The company continues to focus on multi-cloud innovation, with advancements announced at VMworld 2021. VMware's commitment to diversity and ESG leadership was recognized by various industry accolades.
VMware (NYSE: VMW) has announced that Sumit Dhawan, its president, will present at the Wells Fargo Virtual TMT Summit on Wednesday, December 1, 2021, at 1:00 p.m. PT / 4:00 p.m. ET. A live webcast will be available on VMware’s Investor Relations page, with a replay accessible for two months. Headquartered in Palo Alto, California, VMware is a leader in multi-cloud services, focused on enabling digital innovation and enterprise control. For more details, visit ir.vmware.com.
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Dell Technologies (NYSE: DELL) will participate in multiple upcoming investor conferences in December 2021. Key executives, including Yvonne McGill, Jeff Clarke, Tom Sweet, Matt Baker, and Chuck Whitten, will present at events such as the Wells Fargo Tech Summit and the Credit Suisse Annual Technology Conference. Notable dates include December 1, with several presentations scheduled throughout the month. Webcasts of these conferences will be accessible on Dell's Investor Relations page.
VMware, a leader in enterprise software, announced that CEO Raghu Raghuram will present at the Credit Suisse Technology Conference on December 1, 2021, at 11:25 a.m. PT (2:25 p.m. ET). A live webcast will be accessible via VMware’s Investor Relations page, with a replay available for two months.
VMware is known for its multi-cloud services, enabling digital innovation while providing enterprise control. The company aims to drive a better future through its 2030 Agenda. More details can be found at ir.vmware.com.
VMware has announced the availability of VMware Carbon Black Cloud and VMware Tanzu in AWS Marketplace, enhancing cloud service offerings for AWS customers. This move aims to streamline procurement and accelerate the adoption of VMware Cross-Cloud services, supporting application modernization and digital innovation. The press release highlights benefits such as faster workload migration, improved security, and better resource management through CloudHealth. It positions VMware as a facilitator of enterprise control and innovation in AWS cloud environments.