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VMware revenue plunges $600 million, but Broadcom assures investors growth plan is on track
June 13, 2024, 4:28 a.m. | Simon Sharwood
The Register - Software: AI + ML www.theregister.com
Costs cut deeply, with more to come, and forward bookings surge
VMware's quarterly revenue appears to have fallen by $600 million during its first full quarter of ownership by Broadcom, which revealed strong growth in forward bookings and huge cost cuts at the virtualization giant.…
broadcom cost costs growth investors ownership revenue virtualization vmware
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