VMware Board Names Raghu Raghuram as CEO

VMware, Inc.

PRELIMINARY RECONCILIATION OF GAAP TO NON-GAAP OPERATING MARGIN

(unaudited)

         
       

Three Months Ended

       

April 30, 2021

GAAP operating margin

     

 

18.7

%

Stock-based compensation

     

 

8.8

 

Intangible amortization

     

 

2.6

 

Acquisition, disposition and other items

     

 

0.7

 

Non-GAAP operating margin

     

 

30.8

%

         
         

VMware, Inc.

PRELIMINARY RECONCILIATION OF GAAP TO NON-GAAP NET INCOME PER DILUTED SHARE

(unaudited)

         
       

Three Months Ended

       

April 30, 2021

GAAP net income per diluted share

     

$

1.01

 

Stock-based compensation

     

 

0.62

 

Intangible amortization

     

 

0.18

 

Acquisition, disposition and other items

     

 

0.14

 

Tax adjustment

     

 

(0.19

)

Non-GAAP net income per diluted share

     

$

1.76

 





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