Dell Technologies Inc
- Dell Technologies declined 12.8% to $124.32 after the company posted weaker-than-expected fiscal third quarter results.
Revenue in the third quarter ending on November 1 increased 10% to $24.4 billion from $22.3 billion, net income advanced 12% to $1.1 billion from $1.0 billion, and diluted earnings per share rose 16% to $1.58 from $1.36 a year earlier.
“AI is a robust opportunity for us with no signs of slowing down,” said Jeff Clarke, vice chairman and chief operating officer, Dell Technologies.
“Interest in our portfolio is at an all-time high, driving record AI server orders demand of $3.6 billion in Q3 and a pipeline that grew more than 50%, with growth across all customer types.”
Nov 27, 2024 - Dell Technologies said revenue in the fourth quarter declined 11% to $25 billion and net income in the fourth quarter increased to $614 million from $2 million and diluted earnings per share rose to 84 cents from a loss of 4 cents in the previous year.
Revenue in the full-year 2022 increased 1% to $102.3 billion and net income plunged 51% to $2.4 billion from $5.7 billion and diluted earnings per share fell to $3.24 from $6.26 a year ago.
Mar 3, 2023 - Dell Technologies said in a regulatory filing that it plans to lay off about 5% of its staff as the company tackles falling sales of personal computers.
Feb 6, 2023 - Dell Technologies said Q3 revenue fell 6% to $24.7 billion and net income plunged 93% to $241 million or 33 cents a share.
Nov 21, 2022
| Year | Q1 | Q2 | Q3 | Q4 | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 0.86 | 0.79 | 0.63 | 1.36 | - | |
| 2022 | -0.04 | 1.37 | 0.68 | 0.33 | - | |
| 2021 | 1.58 | 1.13 | 1.05 | 4.88 | - | |
| 2020 | - | - | - | - | 4.22 | |
| 2019 | - | - | - | - | 6.03 | |
| 2018 | - | (1.95) | (3.40) | (5.25) | - | |
| 2017 | - | (2.29) | (3.95) | (5.79) | - |