Dell beats estimates as server sales soar 80%, riding AI wave
DELLDell Technologies(DELL) CNBC·2024-08-30 04:07

Michael Dell at the Allen & Company Sun Valley Conference on July 12, 2024 in Sun Valley, Idaho.Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales. The stock rose more than 5% in extended trading. Here's how the company did for the fiscal second quarter vs. LSEG consensus estimates:Revenue: 25.06billionvs.25.06 billion vs. 24.53 billion expectedEPS: 1.89adjusted,vs.1.89 adjusted, vs. 1.71 expectedNet income climbed 85% to 841million,or841 million, or 1.17 per share, from $4 ...