Dell Technologies: Fiscal Q2 Earnings Snapshot

We may earn a commission from links on this page.

ROUND ROCK, Texas (AP) — ROUND ROCK, Texas (AP) — Dell Technologies Inc. (DELL) on Thursday reported fiscal second-quarter profit of $462 million.

The Round Rock, Texas-based company said it had net income of 63 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were $1.74 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.

Advertisement

The computer and technology services provider posted revenue of $22.93 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $20.78 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DELL at https://www.zacks.com/ap/DELL