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(Reuters) -Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its traditional PCs and competition from rival server makers, sending ...
(Reuters) -Dell Technologies forecast annual revenue and profit above Wall Street estimates on Thursday, betting on demand for its artificial intelligence servers, sending the company's shares up ...
Dell forecast revenue between $91 billion and $95 billion for its current fiscal year ending January 2025, largely above analysts' average estimate of $92.07 billion.
Dell also said it would raise its quarterly dividend by 10% or more every year through fiscal 2028, as it plans to return more than 80% of adjusted free cash flow to shareholders through a ...
In its third quarter, Dell saw revenue grow 10% to $24.4 billion, while adjusted earnings per share grew 14% to $2.15. While that marked pretty solid growth given Dell's mature business lines ...
Dell operates under two divisions: [20] [25] Dell Client Solutions Group (55.3% of fiscal 2024 revenues) – produces desktop PCs, notebooks, tablets, and peripherals, such as monitors, printers, and projectors under the Dell brand name; Dell Infrastructure Solutions Group (38.3% of fiscal 2024 revenues) – servers, storage, and networking
Dell Technologies raised its full-year forecast for revenue and profit on Thursday, as it benefited from the artificial intelligence (AI) boom and stabilizing demand for computer hardware and ...
Shares of Dell Technologies fell Tuesday by 10% in after-hours trading after the company said its estimated fourth-quarter revenue and earnings would be lower than expected. Dell reported in an ...