DELL Beats Q2 Earnings Estimates: Will Higher FY25 View Lift Shares?
Dell Technologies(DELL) ZACKS·2024-08-30 17:01
Dell Technologies (DELL) reported non-GAAP earnings of $1.89 per share in second-quarter fiscal 2025, beating the Zacks Consensus Estimate by 8.62%. The bottom line increased 9% year over year. Revenues, on a non-GAAP basis, increased 9% year over year to $25 billion and beat the consensus mark by 3.03%. The upside was driven by exceptional performance in AI servers and a return to growth in the commercial PC business. DELL shares have surged 49% year to date compared with the Zacks Computer & Technology se ...