vmware inc’s profit declined less than expected in the second quarter as the software company awaits approval for an acquisition by chip maker broadcom inc vmware vmw on thursday reported secondquarter earnings of 347 million or 82 cents a share on revenue of 334 billion up from 314 billion a year ago after adjusting for stockbased compensation taxes and other effects the software company reported earnings of 164 a share down from 175 a share last year analysts on average expected adjusted earnings of 157 a share on sales of 33 billion according to factset shares bounced between slight gains and losses in afterhours trading immediately following the release of the results after closing with a 26 increase at 12201 broadcom avgo announced its intention to acquire vmware in late may for 61 billion in cash and stock in a big addition to its software holdings which also include symantec’s enterprise security business and ca inc vmware was allowed to shop for better bids in the deal but the “goshop” period ended after 40 days and the deal is now expected to go through sometime in the next year and value vmware stock at roughly 14250 a share vmware executives are not expected to hold a conference call related to earnings results a common practice as a company awaits an acquisition to go through vmware stock has gained more than 5 this year as the sp 500 index spx has declined 132