Dell Q3 revenue surges as servers, networking show strength
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Dell Technologies said its third quarter revenue was up 15 percent to $22.5 billion as it saw strength in both its infrastructure and PC units.
The company reported non-GAAP operating income in the third quarter of $2.1 billion. GAAP operating loss was $356 million.
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Dell said its infrastructure group had revenue of $8.9 billon, up 19 percent. Storage sales were up 6 percent and networking and servers saw revenue gains of 30 percent. Operating income was $935 million.
The client solutions group delivered revenue of $10.9 billion, up 11 percent. Consumer revenue was up 8 percent and commercial sales were up 12 percent.
VMware, which also reported, contributed to the gains.
6:15 p.m. EST: Updated with slides from earnings presentation.
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