The global virtualization giant recorded a revenue of USD 1.36 billion in the first quarter of 2014 , growing 14 % compared to the same period last year of $ 1.19 billion .
As quoted from Reuters Alert , Friday ( 25/04/2014 ) , this performance slightly exceeded analysts' predictions that the highest set a target of USD 1.35 billion for VMware revenue in the period ended March yesterday .
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VMware profit recorded in the first quarter 2014 also reached USD 199 million , up 15 % compared to the same period last year of $ 173 million .
Unfortunately , despite middling performance sleek , but VMware has not been able to complete the negotiation of enterprise license agreements ( Elas ) in the first quarter and that led to doubt investors to its stock performance .
" We see the scale of the classroom continues to grow . Now still in discussions with a number of customers , " said Chief Operating Officer of VMware's Carl Eschenbach .
Just to note , in the first quarter 2014 , revenues from licensing in VMware rose 15 % to USD 561 million . VMware vCloud express request of the software suite also showed growth .
Analysts at FBR Capital Markets Daniel Ives estimates in the second quarter of 2014 VMware could achieve a turnover of about USD 1.43 billion to USD 1.47 billion . Average range stands at USD 1.44 billion .