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- Company news: Dell’s (DELL) quarterly results beat analysts’ forecasts
Ekonomické zprávy
01.03.2024
Company news: Dell’s (DELL) quarterly results beat analysts’ forecasts
Dell (DELL) reported Q4 FY2024 earnings of $2.20 per share (versus $1.80 per share in Q4 FY2023), beating analysts’ consensus estimate of $1.73 per share.
The company’s quarterly revenues amounted to $22.318 bln (-10.9% y/y), beating analysts’ consensus estimate of $22.167 bln.
Dell also announced a 20% increase in its annual cash dividend to $1.78/share.
In addition, the company said it is optimistic and expects a return to growth in FY2025 and beyond with a number of tailwinds.
DELL rose to $116.00 (+22.54%) in pre-market trading.
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