EMC today hit estimates with its first-quarter results and touted strength in its international units. Its 2011 outlook, however, was light relative to expectations.
The company reported first-quarter earnings of $477.1 million, or 21 cents a share, on revenue of $4.6 billion, up 18 percent from a year ago. Non-GAAP earnings were 31 cents a share, in line with Wall Street estimates.
In a statement, CEO Joe Tucci said the company will continue to focus on virtualization, cloud computing, and big data management.
Read more of "EMC first quarter in line; 2011 outlook short of estimates" at ZDNet's Between the Lines.