EMC quarterly profit rises 12 percent on strong data storage sales

Reuters News
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Posted: Jan 29, 2015 7:36 AM

(Reuters) - Data storage equipment maker EMC Corp reported a 12 percent rise in quarterly profit as customers spent more on software-defined data centers.

Net income attributable to EMC shareholders rose slightly to $1.14 billion, or 56 cents per share, in the fourth quarter ended Dec. 31 from $1.02 billion, or 48 cents per share, a year earlier.

Revenue rose to $7.04 billion from $6.68 billion.

(Reporting by Abhirup Roy in Bengaluru; Editing by Joyjeet Das)