by Amruth Sundarkumar | May 27, 2022 | Corporates
Dell Technologies reported a record Q1 operating income of $1.6bn, up 57% YoY and net income of $1.1bn, up 62% YoY. Besides, its revenues also showed a first quarter record of $26.1bn, up 16% YoY, with growth across Infrastructure Solutions Group (ISG) and Client...
by Amruth Sundarkumar | Feb 25, 2022 | Corporates
Dell Technologies reported revenues of $28bn, up 7% YoY and a net loss from continuing operations of $29mn vs. a net profit of $695mn during the same quarter in the prior year. EPS missed estimates of $1.95, coming in at $1.72. Its Infrastructure Solutions Group...
by Amruth Sundarkumar | Dec 7, 2021 | Corporates, Investment Grade Bonds
Dell Technologies Inc. announced that Dell Inc., its wholly-owned subsidiary commenced a cash tender offers for certain outstanding bonds for up to $2.5bn in aggregate purchase price (excluding accrued and unpaid interest), details of which are given below: The 8.35%...
by Amruth Sundarkumar | Nov 24, 2021 | Corporates
Dell Technologies reported a 21% rise in Q3 revenues to $28.4bn and a 341% rise in net income to $3.9bn. The PC maker saw continued growth in high-value segments, including commercial PCs, high-end consumer and gaming. It achieved its highest YoY PC share gain with...
by Amruth Sundarkumar | Nov 2, 2021 | Corporates, Credit Ratings
Dell Technologies was upgraded to BBB from BBB- by Fitch. The upgrade comes on the back of Dell’s stronger credit profile thanks to the use of cash flow/net proceeds from the tax-free spin-off of VMware and reducing debt by $6.5bn in the fiscal YTD alongside...
