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.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

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.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

European markets open higher following UBS earnings; UBS up 6%European markets opened higher as investors assess UBS earnings.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

European markets open higher following UBS earnings; UBS up 5%European markets opened higher as investors assess UBS earnings.
Fonte: NBCLA - 🏆 319. / 59 Consulte Mais informação »

European markets open higher following UBS earnings; Swiss bank up 5%European markets opened higher as investors assess UBS earnings.
Fonte: NBCLA - 🏆 319. / 59 Consulte Mais informação »