Dell delivers strong fourth-quarter earnings

Dell delivers strong fourth-quarter earnings

Summary: The company has reported results that exceed Wall Street's expectations for the quarter, with Michael Dell pleased at the performance from commercial business

SHARE:
TOPICS: Tech Industry
0

Dell delivered strong fourth-quarter results amid strong enterprise and small to medium-business demand.

The company reported fourth-quarter earnings of $927m (£573m), or 48 cents a share, on revenue of $15.7bn. Non-GAAP earnings were 53 cents a share, well ahead of the 37 cents a share Wall Street expected.

Dell financial earnings

Dell delivered strong fourth-quarter results. Credit: Dell

The company's chief executive Michael Dell said in a statement that he was pleased with the performance the company is seeing from its commercial business. For fiscal 2012, Dell projected revenue growth of five percent to nine percent, and non-GAAP operating income growth of six percent to 12 percent. In the first quarter, Dell projected the usual seasonal decline and "a slight sequential decline in revenue".

For more on this ZDNet UK-selected story, see Dell fourth quarter propelled by large enterprise, SMBs on ZDNet.com.


Get the latest technology news and analysis, blogs and reviews delivered directly to your inbox with ZDNet UK's newsletters.

Topic: Tech Industry

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

0 comments
Log in or register to start the discussion