Revenues for the fourth quarter of 2011 were $1.06bn, an increase of 27% year over year
Software maker VMware’s revenues for the full year 2011 were $3.77bm, an increase of 32% over 2010.
The company’s operating income for 2011 was $735m, an increase by 72% from 2010.
Its net income for 2011 to $724m, an increase of 202% year over year from $357m in 2010.
US revenues for 2011 grew 26% to $1.82 billion from 2010. International revenues grew 38% to $1.94 billion from 2010.
Service revenues, which include software maintenance and professional services, and license revenues were the main drivers of growth for VMware for the full year period, as they grew by 32% and 31% respectively.
Services revenues were $1.93 billion, while license revenues were $1.84bn for the year 2011.
VMware revenues for the fourth quarter of 2011 registered an increase of 27% year over to $1.06bn.
The company’s operating income for the fourth quarter increased by 64% year over year to $214m.
Net income for the fourth quarter rose to $200m, an increase of 66.7% from the same period’s figure of $120m in 2010.
VMware CEO Paul Maritz said the quarter’s strong performance further signals that virtualisation is the foundation for simplifying and automating IT.
"As customers continue to drive significant IT transformation, our task remains in providing solutions that go beyond cost reduction, yielding business and competitive value," Mauritz added.
Going forward, VMware annual 2012 revenues are expected to increase by 19-22%, compared to 2011 to reach the range of $4.475 and $4.6bn.
The company expects first quarter 2012 revenues to be in the range of $1.015 and $1.040bn, an increase of around 20-23% over the first quarter 2011.