Dell Revenue Surges 19% on AI Demand, But Profits Disappoint Investors

Dell Revenue Surges 19% on AI Demand, But Profits Disappoint Investors

Dell Technologies Inc. is grappling with intensifying margin pressures even as its artificial-intelligence server business booms, a dynamic that has investors questioning the sustainability of its growth trajectory. In its latest quarterly earnings, the company reported a 19% year-over-year revenue increase to $29.78 billion, fueled largely by surging demand for AI-optimized servers. Yet, adjusted earnings per share of $2.32 only slightly beat e…

Dell’s AI Server Boom Lifts Revenue, But Weak Q3 Profit Forecast Sends Shares Lower

Dell Technologies posted stronger-than-expected quarterly results, but investors reacted sharply to its softer near-term profit outlook, sending shares down more than 5% in extended trading on Thursday. The systems integrator topped Wall Street expectations on both earnings and revenue. Adjusted earnings per share came in at $2.32, just above the $2.30 consensus estimate, while revenue […] The post Dell’s AI Server Boom Lifts Revenue, But Weak Q…