Dell Technologies: Overview of Fiscal Fourth Quarter Results

Dell Technologies Reports Strong Fourth-Quarter Earnings

Dell Technologies Inc., headquartered in Round Rock, Texas, announced a net income of $2.26 billion for its fiscal fourth quarter.

The company reported earnings of $3.37 per share, and after adjusting for special items, the figure rose to $3.89 per share.

These results exceeded analysts’ expectations, as the consensus from eight analysts polled by Zacks Investment Research had anticipated earnings of $3.54 per share.

During the quarter, Dell generated $33.38 billion in revenue, outperforming the average forecast of $31.91 billion from six Zacks analysts.

Outlook for the Upcoming Quarter and Fiscal Year

• Dell anticipates earnings of $2.90 per share for the current quarter ending in April.
• Projected revenue for the fiscal first quarter is expected to fall between $34.7 billion and $35.7 billion.
• For the full fiscal year, the company forecasts earnings of $12.92 per share, with revenue estimates ranging from $138 billion to $142 billion.