PALO ALTO, Calif. (TheStreet) -- VMware(VMW Quote) blew past Wall Street's estimates in its third-quarter results, boosted by an uptick in spending by the U.S. government. The virtualization trailblazer reported revenue of $490 million, up 4% on the same period last year, and well above analysts' estimate of $474 million.
Excluding items, the software maker earned 24 cents a share on net income of $95 million, compared to 24 cents a share and net income of $93 million in the prior year's quarter. Analysts surveyed by Thomson Reuters had predicted earnings of 20 cents a share.
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