Dell Technologies Non-GAAP EPS of $2.15 beats by $0.09, revenue of $24.37B misses by $350M
by Contributor since / Followers
9 hours ago
Dell Technologies press release (NYSE:DELL): Q3 Non-GAAP EPS of $2.15 beats by $0.09.
Revenue of $24.37B (+9.3% Y/Y) misses by $350M.
Infrastructure Solutions Group revenue of $11.4 billion, up 34% year over year, with servers and networking revenue of $7.4 billion, up 58%
Client Solutions Group revenue of $12.1 billion, down 1% year over year, with commercial client revenue up 3% at $10.1 billion.
“We continued to build on our AI leadership and momentum, delivering combined ISG and CSG revenue of $23.5 billion, up 13% year over year,” said Yvonne McGill, chief financial officer, Dell Technologies. “Our continued focus on profitability resulted in EPS growth that outpaced revenue growth, and we again delivered strong cash performance.”