VMware Posts Narrow Beat to End Year, Issues Solid Guidance for Fiscal 2019
VMware’s fourth-quarter fiscal 2018 results narrowly beat consensus expectations on both the top and bottom lines. The strong performance was driven by solid license growth in products such as NSX, vSAN, and EUC. We remain encouraged by the ongoing momentum in VMware’s newer products, as we believe that the offerings will help offset declining license sales in VMware’s legacy compute business. Additionally, management provided a positive outlook for fiscal 2019. We are increasing our fair value ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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