* Sees Q4 rev $1.03 bln to $1.06 bln vs est $1.03 blnOct 17 (Reuters) - Business software maker VMware Inc on Monday posted quarterly profit ahead of market
estimates, helped by growth in the Asia Pacific market, and it
forecast fourth-quarter revenue above analysts’ expectations.VMware, whose software is used to build cloud computing
data centers and boost the efficiency of personal computers and
servers, forecast fourth-quarter revenue of $1.03 billion to
$1.06 billion.Analysts were expecting revenue of $1.03 billion, according
to Thomson Reuters I/B/E/S.Net income for the third quarter more than doubled to
$177.5 million, or 41 cents a share, from $84.6 million, or 20
cents a share, a year ago.Excluding items, the company earned 53 cents a share.Revenue rose 32 percent to $941.9 million.Analysts, on average, had expected the company to earn 50
cents a share, excluding items, on revenue of $929.4 million.Shares of the company fell to $84.99 after closing at
$89.52 on the New York Stock Exchange.
