June 1 VMware Inc reported a 44.1 pct rise in quarterly profit on Thursday, fueled by strong demand for its virtualization software used by companies to boost cloud computing efficiency.
VMware's net income rose to $232 million, or 56 cents per share in the first quarter ended May 5, from $161 million, or 38 cents per share, a year earlier.
VMware, which is majority-owned by Dell Technologies Inc , said revenue climbed 9.3 percent to $1.74 billion. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Sai Sachin Ravikumar)
BRIEF-Uranium Participation reports financial results for the period ended May 31, 2017
* Reports financial results for the period ended May 31, 2017
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