Fourth Quarter Earnings: VMware, EMC, Citrix

January 28th, 2010 • Related • Filed Under

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VMware two days ago announced financial results for the fourth quarter and full year 2009: revenues for the fourth quarter were $608 million, an increase of 18% from the fourth quarter of 2008. Revenues for the full year 2009 were $2.0 billion, an increase of 8% from 2008.

EMC followed up yesterday: the company reported Q4 revenue of $4.1 billion – up 17% sequentially; ahead of company outlook of $4 billion. EMC completed the fourth quarter with $9.4 billion in cash and investments. During the fourth quarter, EMC generated operating cash flow of $1.0 billion and achieved record quarterly free cash flow of $793 million.

And today Citrix Systems joined the club: the company achieved revenue of $451 million, compared to $416 million in the fourth quarter of fiscal 2008, representing 9 percent revenue growth. For the fiscal year 2009, Citrix reported annual revenues of $1.61 billion, compared to $1.58 billion in the previous year, a 2 percent increase. Cash flow from operations was $178 million, compared with $166 million in the fourth quarter of 2008.

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