Dell Earnings Miss Quarterly Estimates; Reports over $100bn Annual Revenues
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...
Dell Announces Tender Offer for its Bonds; Select Bonds Rally
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%...
Dell Reports Solid Earnings and Revenues
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...
