VMware, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total revenue of USD 1.483 million compared to USD 1.293 million a year ago. Operating income was USD 0.374 million compared to USD 0.253 million a year ago. Income before income taxes was USD 0.381 million compared to USD 0.260 million a year ago. Net income was USD 0.335 million compared to USD 0.206 million a year ago. Net income per weighted-average share, diluted for Class A and Class B was USD 0.77 compared to USD 0.47 a year ago. Net cash provided by operating activities was USD 0.688 million compared to USD 0.493 million a year ago. Additions to property and equipment were USD 0.098 million compared to USD 0.082 million a year ago. Purchases of available-for-sale securities were USD 0.953 million compared to USD 0.469 million a year ago. Free cash flows were USD 0.590 million compared to USD 0.411 million a year ago. On on-GAAP basis, the company's operating income was USD 0.528 million compared to USD 0.424 million a year ago. Income before income taxes was USD 0.535 million compared to USD 0.431 million a year ago. Net income was USD 0.436 million compared to USD 0.349 million a year ago. Net income per weighted-average share, diluted for Class A and Class B was USD 1.01 compared to USD 0.81 a year ago.

For the year, the company reported total revenue of USD 5.207 million compared to USD 4.605 million a year ago. Operating income was USD 1.093 million compared to USD 0.872 million a year ago. Income before income taxes was USD 1.147 million compared to USD 0.893 million a year ago. Net income was USD 1.014 million compared to USD 0.746 million a year ago. Net income per weighted-average share, diluted for Class A and Class B was USD 2.34 compared to USD 1.72 a year ago. Net cash provided by operating activities was USD 2.535 million compared to USD 1.897 million a year ago. Additions to property and equipment were USD 0.345 million compared to USD 0.234 million a year ago. Purchases of available-for-sale securities were USD 3.181 million compared to USD 3.189 million a year ago. Free cash flows were USD 2.190 million compared to USD 1.663 million a year ago. On on-GAAP basis, the company's operating income was USD 1.771 million compared to USD 1.491 million a year ago. Income before income taxes was USD 1.794 million compared to USD 1.512 million a year ago. Net income was USD 1.462 million compared to USD 1.236 million a year ago. Net income per weighted-average share, diluted for Class A and Class B was USD 3.37 compared to USD 2.85 a year ago.

For the first quarter of 2014, the company expects total revenue to be between USD 1.33 billion and USD 1.37 million, or up 12% to 15% year-over-year. This revenue and growth range includes the company's expectations for approximately 0 to USD 10 million from AirWatch.

The company's revenue for 2014 expected to be between USD 5.94 billion and USD 6.1 billion, or up 14% to 17% year-over-year. This revenue and growth range includes the company's expectations of approximately USD 75 million from AirWatch. The company expects non-GAAP operating margin to increase in the second half of 2014, resulting in approximately 31% for the full year 2014.