Last $28.17 USD
Change Today +0.47 / 1.70%
Volume 13.5M
EMC On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

emc corp/ma (EMC) Snapshot

Open
$27.89
Previous Close
$27.70
Day High
$28.19
Day Low
$27.76
52 Week High
09/22/14 - $30.18
52 Week Low
12/12/13 - $23.15
Market Cap
57.1B
Average Volume 10 Days
17.8M
EPS TTM
$1.35
Shares Outstanding
2.0B
EX-Date
09/29/14
P/E TM
20.8x
Dividend
$0.46
Dividend Yield
1.53%
Current Stock Chart for EMC CORP/MA (EMC)

emc corp/ma (EMC) Related Businessweek News

View More BusinessWeek News

emc corp/ma (EMC) Details

EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. It operates in three segments: Information Storage, Information Intelligence Group, and RSA Information Security. The company offers enterprise storage systems and software deployed in storage area networks (SAN), networked attached storage (NAS), unified storage combining NAS and SAN, object storage, and/or direct attached storage environments, as well as provides backup and recovery, disaster recovery, and archiving solutions. It also offers information security solutions that are engineered to combine agile controls for identity assurance, fraud detection, and data protection, as well as security analytics and GRC capabilities; and expert consulting and advisory services. In addition, the company provides information intelligence software, cloud solutions, and services, including EMC Documentum xCP for building business and case management solutions; EMC Captiva for intelligent enterprise capture; EMC Document Sciences for customer communications management; EMC SourceOne Kazeon for e-discovery; the EMC Documentum platform for creating, managing, and deploying business applications and solutions; and the EMC OnDemand private cloud deployment model for enterprise-class applications. Further, it offers VMware virtual and cloud infrastructure solutions that enable organizations to aggregate multiple servers, storage infrastructure, and networks together into shared pools of capacity that could be allocated to applications as needed. Additionally, the company provides installation, professional, software and hardware maintenance, and training services. EMC Corporation markets its products through various distribution channels, as well as directly in North America, Latin America, Europe, the Middle East, South Africa, and the Asia Pacific region. The company was founded in 1979 and is headquartered in Hopkinton, Massachusetts.

63,900 Employees
Last Reported Date: 02/25/14
Founded in 1979

emc corp/ma (EMC) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $1.0M
Chief Executive Officer of Vmware
Total Annual Compensation: $709.1K
President of Global Enterprise Services and C...
Total Annual Compensation: $750.0K
President of Products & Marketing for EMC Inf...
Total Annual Compensation: $600.0K
President of Global Sales & Customer Operatio...
Total Annual Compensation: $700.0K
Compensation as of Fiscal Year 2013.

emc corp/ma (EMC) Key Developments

EMC Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for 2014

EMC Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income attributable to the company of $587 million or $0.28 per diluted share on revenues of $6,032 million compared to net income attributable to the company of $586 million or $0.27 per diluted share on revenues of $5,539 million a year ago. Operating income was $947 million compared to $907 million a year ago. Income before provision for income taxes was $833 million compared to $820 million a year ago. Net income was $627 million compared to $639 million a year ago. Net income attributable to the company non-GAAP was $903 million or $0.438 per diluted share compared to $860 million or $0.397 per diluted share a year ago. Cash flow from operations was $1,701 million compared to $1,793 million a year ago. Capital expenditures were $222 million compared to $236 million a year ago. Free cash flow was $1,342 million compared to $1,434 million a year ago. Capitalized software development costs were $137 million compared to $123 million a year ago. For the nine months period, the company reported net income attributable to the company of $1,568 million or $0.76 per diluted share on revenues of $17,391 million compared to net income attributable to the company of $1,867 million or $0.86 per diluted share on revenues of $16,540 million a year ago. Operating income was $2,466 million compared to $2,690 million a year ago. Income before provision for income taxes was $2,213 million compared to $2,477 million a year ago. Net income was $1,681 million compared to $2,003 million a year ago. Net cash provided by operating activities was $4,292 million compared to $4,733 million a year ago. Additions to property, plant and equipment were $693 million compared to $673 million a year ago. Capitalized software development costs were $382 million compared to $342 million a year ago. Free cash flow was $3,217 million compared to $3,718 million a year ago. Net income attributable to the company non-GAAP was $2,514 million or $1.215 per diluted share. The company provided earnings guidance for the year 2014. Consolidated revenues are expected to be $24.5 billion for 2014. Consolidated GAAP operating income is expected to be 16.5% of revenues for 2014 and consolidated non-GAAP operating income is expected to be 24.0% of revenues for 2014. Consolidated GAAP earnings per weighted average diluted share are expected to be $1.29 for 2014 and consolidated non-GAAP earnings per weighted average diluted share are expected to be $1.90 for 2014. The consolidated GAAP income tax rate is expected to be 23.0% and the consolidated non-GAAP income tax rate is expected to be 23.5% for 2014. This assumes that the U.S. research and development tax credit is extended during 2014. Consolidated net cash provided by operating activities is expected to be $6.80 billion for 2014 and free cash flow is expected to be $5.35 billion for 2014.

EMC Reportedly Plans To Acquire Maginatics

EMC Corporation (NYSE:EMC) is rumored to be closing in on a deal to buy Maginatics, Inc.

EMC Is Reported To Acquire Much Of Cisco's Stake In VCE

EMC Corporation (NYSE:EMC) is buying much of Cisco Systems, Inc.'s (NasdaqGS:CSCO) stake in their joint venture VCE Company, LLC, Bloomberg said, citing people with knowledge of the matter. EMC will merge VCE into its business and consolidate its sales into its quarterly results, Bloomberg reported. The change is expected to be made public on October 22, 2014, sources told Bloomberg.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EMC:US $28.17 USD +0.47

EMC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Accenture PLC $78.35 USD +0.27
BT Group PLC 370.00 GBp -6.60
Micron Technology Inc $31.06 USD +0.17
Raytheon Co $98.12 USD -0.76
SAP SE €51.70 EUR -0.61
View Industry Companies
 

Industry Analysis

EMC

Industry Average

Valuation EMC Industry Range
Price/Earnings 22.6x
Price/Sales 2.4x
Price/Book 2.5x
Price/Cash Flow 22.1x
TEV/Sales 1.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EMC CORP/MA, please visit www.emc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.