HOPKINTON (dpa-AFX) - EMC Corp. (EMC) announced preliminary second-quarter results. The company also announced the appointment of David Goulden as President and COO of EMC Corporation.
Second-quarter consolidated revenues were approximately $5.31 billion, up 10% over second quarter of last year. Adjusted earnings per share was $0.39, up 11% over prior year. The company said it continues to expect to achieve its full-year 2012 goals of $22 billion in revenue and adjusted earnings per share of $1.70.
Analysts polled by Thomson Reuters expect the comapny to report second-quarter profit per share of $0.40 on revenue of $5.29 billion. Analysts' estimates typically exclude special items. Analysts expect the company to report 2012 earnings per share of $1.73 on revenue of $22.10 billion.
The company will discuss further details about second-quarter results and full-year business outlook during its previously scheduled earnings call on July 24.
EMC Corp. announced the appointment of David Goulden, Executive Vice President and CFO, as President and COO of EMC Corporation, reporting to Tucci. Pat Gelsinger, EMC President and COO of Information Infrastructure Products, has been appointed CEO of VMware (VMW), effective September 1, and will also join the VMware Board.
Paul Maritz, VMware's present CEO, is joining EMC as Chief Strategist, reporting to Tucci, effective September 1. Maritz will remain on the VMware Board.
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