VMware's net income plunges more than 40 per cent in Q3 as Broadcom takeover remains an albatross around its neck

The group’s Q3 results were stagnant, however the vendor did see a double-digit uplift in subscription and SaaS revenues

Kelsey Rees
clock • 2 min read
VMware's net income plunges more than 40 per cent in Q3 as Broadcom takeover remains an albatross around its neck

VMware's third quarter fiscal 2023 financial results came out sluggish amid the looming $61bn Broadcom acquisition.  Revenues were flat at one per cent growth, amounting to $3.21bn. While GAA...

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