Dell Earnings Blow Past Forecasts. Demand Is on the Mend.

Dell Technologies posted better-than-expected financial results, beating expectations for both its PC and enterprise infrastructure businesses.

Dell earned $1.74 a share on an adjusted basis in the quarter, powering past both its own forecast for $1.10 and the Wall Street consensus call of $1.14. Under generally accepted accounting principles, the company earned 63 cents a share. The Client Solutions Group, the Dell PC business, had revenue in the quarter of $12.9 billion, down 16% from a year ago, but up 8% sequentially and well above the Street consensus of $12.1 billion. Both consumer and commercial PC revenues were above Street estimates.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Dell’s stock soars as company easily beats on earningsDell Technologies Inc. shares were surging 10% in aftermarket trading Thursday after the technology giant posted sizable beats on profit and revenue. The...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Lululemon Earnings Are Today. Why the Results Could Blow Past Competitors.The company continues to see strong sales momentum even as consumers have started to pull back on discretionary spending.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

European markets open higher following UBS earnings; UBS up 6%European markets opened higher as investors assess UBS earnings.
La source: CNBC - 🏆 12. / 72 Lire la suite »

European markets open higher following UBS earnings; UBS up 5%European markets opened higher as investors assess UBS earnings.
La source: NBCLA - 🏆 319. / 59 Lire la suite »

European markets open higher following UBS earnings; Swiss bank up 5%European markets opened higher as investors assess UBS earnings.
La source: NBCLA - 🏆 319. / 59 Lire la suite »