The virtualization software leader has announced higher estimates for 2010 revenue leading to a surge in the share price.
For all of 2010, the company said it expects revenue between $2.45 billion and $2.55 billion, up 21 percent to 26 percent from a year earlier.
“While the economy is slowly recovering, we have improved near-term visibility as customers move forward with their IT investments,” said Chief Executive Paul Maritz in a statement.
