Why Is Dell Stock Sinking Friday? - Dell Technologies (NYSE:DELL)
5 Articles
5 Articles
Why Is Dell Stock Sinking Friday? - Dell Technologies (NYSE:DELL)
Dell Technologies (NYSE:DELL) reported a sharp rise in second-quarter revenue but tempered investor enthusiasm with profit guidance that fell short of expectations, sending shares lower on Friday. The company posted revenue of $29.78 billion, up 19% year over year, driven by booming demand for its AI servers. Adjusted earnings came in at $2.32 per share, narrowly topping Wall Street's consensus of $2.31. Dell also lifted its full-year fiscal 202…
Dell Technologies: Fiscal 2Q26 Financial Results
Dell Technologies announced financial results for its fiscal 2026 second quarter. The company also provides guidance for its fiscal 2026 third quarter and full year. Second-Quarter Summary Record revenue of $29.8 billion, up 19% YoY Operating income of $1.8 billion, up 27% YoY, and non-GAAP operating income of $2.3 billion, up 10% Diluted earnings per […] The post Dell Technologies: Fiscal 2Q26 Financial Results appeared first on StorageNewslett…
Dell Technologies was among the losers on the New York stock exchanges on Friday. The computer manufacturer, which also makes servers for artificial intelligence (AI), outperformed expectations last quarter. Despite continued strong demand for AI servers, its profit forecast for the current quarter was disappointing. As a result, the stock fell nearly 10 percent.
Dell Technologies Delivers Second Quarter Fiscal 2026 Financial Results
Dell Technologies announces financial results for its fiscal 2026-second quarter. The company also provides guidance for its fiscal 2026 third quarter and full year. Second-Quarter SummaryRecord revenue of $29.8 billion, up 19% year over yearOperating income of $1.8 billion, up 27% year over year, and non-GAAP operating income of $2.3 billion, up 10%Diluted earnings per share (EPS) of $1.70, up 38% year over year, and record second-quarter non-G…
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