Dell Technologies(DELL)
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Dell Q1 earnings beat driven by AI server demand
Proactiveinvestors NA· 2024-05-30 20:43
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Dell shares fall 12% after company reports first-quarter earnings
CNBC· 2024-05-30 20:23
Michael Dell, Chairman and CEO of Dell Technologies, is speaking at the Mobile World Congress 2024 in Barcelona, Spain, on February 27, 2024. Dell reported first-quarter earnings on Thursday that beat analyst estimates for earnings and sales, as the company has emerged as one of the top vendors for AI servers. Shares fell about 12% in extended trading. When the company reported earnings in February, it reported earnings per share that were significantly higher than expectations. This quarter, Dell's earning ...
Dell Technologies(DELL) - 2025 Q1 - Quarterly Results
2024-05-30 20:09
Exhibit 99.1 Dell Technologies Delivers First Quarter Fiscal 2025 Financial Results News summary ROUND ROCK, Texas — May 30, 2024 Full story Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2025 first quarter. Revenue was $22.2 billion, up 6% year over year. Operating income was $920 million and non-GAAP operating income was $1.5 billion, down 14% and 8% year over year, respectively. Cash flow from operations was $1.0 billion. Diluted earnings per share was $1.32, and non-GAAP dilut ...
Dell Technologies Delivers First Quarter Fiscal 2025 Financial Results
Prnewswire· 2024-05-30 20:05
News summary First quarter revenue of $22.2 billion, up 6% year over year Infrastructure Solutions Group (ISG) revenue of $9.2 billion, up 22% year over year, with record servers and networking revenue of $5.5 billion, up 42% Client Solutions Group (CSG) revenue of $12.0 billion, flat year over year, with commercial client revenue at $10.2 billion, up 3% Diluted earnings per share of $1.32, up 67% year over year, and non-GAAP diluted earnings per share of $1.27, down 3% ROUND ROCK, Texas, May 30, 2024 /PRNe ...
DELL vs. NVDA: Which is the best stock to buy in 2024?
Finbold· 2024-05-30 12:57
Across the last 12 months, the blue-chip chipmaker and semiconductor giant Nvidia (NASDAQ: NVDA) has been drawing a lot of attention – and generating a lot of enthusiasm – thanks to its incredible growth and pivotal role in the ongoing artificial intelligence (AI) boom. Still, while it would be both inaccurate and unfair to say that NVDA's star is waning, it has been far from the only technology company to have generated exceptional returns in the stock market, and one prominent computer company – Dell (NYS ...
Dell Technologies Stock Scores Another Record High Before Earnings
schaeffersresearch.com· 2024-05-29 16:40
Dell Technologies Inc. (NYSE:DELL) is slated to step into the earnings confessional after the close tomorrow, May 30. Ahead of the event, the tech giant is trading at record highs, last seen 2.8% higher at $170.67 and earlier touching a peak of $171.77. Investors' enthusiasm surrounding artificial intelligence (AI) chips has many semiconductor names soaring in 2024, with DELL boasting a 120.8% year-to-date lead. Dell Technologies stock has a mostly positive post-earning history, with five of its last eight ...
Analysts revise Dell stock price ahead of earnings
finbold.com· 2024-05-29 13:31
Although Dell Technologies (NYSE: DELL) shares have recorded steady growth since the beginning of this year, Wall Street analysts have generally retained their views that DELL stock is a good investment in the following 12 months, as the company is about to publish its earnings. Indeed, while stock traders and investors are sitting at the edge of their seats waiting for the upcoming Dell quarterly earnings report on May 30, the price of DELL stocks has climbed over 122% year-to-date (YTD), gaining nearly 15 ...
Should You Buy Dell Technologies (DELL) Ahead of Q1 Earnings?
zacks.com· 2024-05-28 15:56
Dell expects fiscal first-quarter revenues in the range of $21-$22 billion, with a midpoint of $21.5 billion indicating a 3% growth. Earnings are expected to be $1.15 per share (+/- 10 cents). The Zacks Consensus Estimate for revenues is pegged at $21.7 billion, suggesting a 3.73% growth from the figure reported in the year-ago quarter. Dell Technologies (DELL) is set to report its first-quarter fiscal 2025 results on May 30. Dell's end-to-end AI portfolio spanning client devices, servers, storage, data pro ...
Dell Technologies Stock: A Growth Opportunity Worth Considering
seekingalpha.com· 2024-05-27 06:59
JHVEPhoto Dell Technologies (NYSE:DELL) is an information technology ("IT") infrastructure and services provider that offers customers everything from data center equipment and enterprise IT solutions to personal computers ("PCs"). The company's industry is cyclical, and in recent years, Dell's products and services have been in a major downturn. The market has recently taken a major interest in the stock for two reasons. First, the company's most important end markets, PCs and enterprise servers, appear to ...
This Artificial Intelligence (AI) Stock Has Tripled in a Year, and You May Regret Not Buying It Hand Over Fist Before It Soars Higher
fool.com· 2024-05-26 18:07
Investors looking for a hot AI stock that's reasonably valued right now should take a closer look at this company, as it seems set for more upside. The proliferation of artificial intelligence (AI) has given shares of many companies a big lift in the past year or so, and Dell Technologies (DELL 4.30%) is one of them. Shares of Dell have more than tripled in the past year as investors have been buying the stock hand over fist in the belief that it could benefit big time from the growing adoption of AI. That' ...