Dell Technologies Beats Q1 Estimates and Surges in Stock Market.
TL;DR Summary
Dell Technologies reported better-than-expected earnings and sales for its fiscal first quarter, with adjusted earnings of $1.31 per share on sales of $20.92bn. The company's Infrastructure Solutions Group reported $7.6bn in sales, down 18%, while the Client Solutions Group posted sales of $12bn, down 23%. Dell's stock rose 1.5% to $45.47 on the news.
- Dell Stock Rises As Computer Maker Crushes Q1 Estimates Investor's Business Daily
- Dell Technologies Non-GAAP EPS of $1.31 beats by $0.46, revenue of $20.9B beats by $630M (NYSE:DELL) Seeking Alpha
- Dell Q1 Earnings Highlights: Shares Halted On Early Reported Result, Company Beats Revenue, EPS Estimates Benzinga
- Dell Earnings Crush Estimates, But Mixed Guidance Pressures the Stock Barron's
- Dell Technologies Delivers First Quarter Fiscal 2024 Financial Results PR Newswire
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