Dell reports Q2 revenue down 13% YoY to $22.9B, vs. $20.8B est., Client Solutions down 16% to $12.9B, Infrastructure Solutions down 11% to $8.5B; DELL jumps 7%+
Here we go: $DELL Solid sequential growth against a continued challenging environment for PC @DellTech did what it does. Great operational management to deliver revenue and EPS above consensus. #AI will provide a tailwind for ISG but is supply constrained. #Earnings [image]
$DELL crushes expectations for the quarter. 53% EPS beat and 10% revenue beat. WOW! NG-GM +2.7%. $3.2B net cash. DC -11% YoY. PC -16% YoY. Raises FY24 revenue & EPS. Appears to be telling a decent #GAI story. Adds a TAM and sense of backlog. Up 8% AH. https://investors.delltechno…
Dell with a double beat: COO: “.AI is already showing it's a long-term tailwind, with continued demand growth across our portfolio” $DELL: +8.3% AH [image]