By Kimberly Chin

VMware Inc. (VMW) said earnings rose in its most recent quarter as revenue jumped on account of broad-based strength across its products and solutions portfolio.

The Palo Alto, Calif., company reported a profit of $621 million, or $1.50 a share, up from $334 million, or 81 cents a share, a year ago.

VMWare reported adjusted earnings of $1.49 a share. Analysts polled by FactSet were expecting earnings of $1.43 a share on an adjusted basis.

Revenue increased 12% from a year ago to $2.46 billion. Analysts had expected $2.41 billion of revenue in the quarter. License revenue for the quarter grew 10% to $974 million.

Write to Kimberly Chin at kimberly.chin@wsj.com

(END) Dow Jones Newswires

November 26, 2019 16:45 ET (21:45 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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