Dell (DELL) shares tumbled in extended trading Tuesday after the server and personal computer maker reported fiscal 2025 third-quarter revenue that came in below Wall Street expectations.
Dell Technologies Inc.'s recent AI boost was derailed slightly on Tuesday, as the computer maker's weaker outlook — due to a double whammy of AI product transitions in both servers and PCs — disappointed investors.
Dell Technologies Inc. (NYSE:DELL ) Q3 2025 Earnings Conference Call November 26, 2024 4:30 PM ET Company Participants Paul Frantz - Head of Investor Relations Jeff Clarke - Vice Chairman and Chief Operating Officer Yvonne McGill - Chief Financial Officer Conference Call Participants Amit Daryanani - Evercore ISI Toni Sacconaghi - Bernstein Aaron Rakers - Wells Fargo David Vogt - UBS Erik Woodring - Morgan Stanley Wamsi Mohan - Bank of America Ben Reitzes - Melius Research Asiya Merchant - Citi Mehdi Hosseini - SIG Krish Sankar - TD Cowen Michael Ng - Goldman Sachs Samik Chatterjee - JPMorgan Simon Leopold - Raymond James Steven Fox - Fox Advisors Tim Long - Barclays Operator Ladies and gentlemen, good afternoon, and welcome to the Fiscal Year 2025 Third Quarter Financial Results Conference Call for Dell Technologies Inc. I'd like to inform all participants this call is being recorded at the request of Dell Technologies. This broadcast is copyrighted property of Dell Technologies Inc. Any rebroadcast of this information in whole or part without the prior written permission of Dell Technologies is prohibited.
The headline numbers for Dell Technologies (DELL) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Dell Technologies (DELL) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $1.88 per share a year ago.
Dell (DELL) posted third-quarter revenue that fell short of analysts' expectations, sending shares lower after the closing bell Tuesday.
Dell Technologies Inc (NASDAQ:DELL) posted strong third-quarter earnings driven by record AI server demand, though revenue fell short of Wall Street expectations, sending shares down 5% in postmarket trading. Revenue for the quarter ended November 1 rose 10% year-over-year to $24.4 billion, missing estimates of $24.7 billion.
Dell reported mixed fiscal third quarter results, with revenue coming in short of estimates. The post Dell Stock Slips As Revenue Misses Forecasts Despite Earnings Beat appeared first on Investor's Business Daily.
Dell beat expectations in its infrastructure solutions group, which includes servers, but came up short in client solutions, which includes PCs
Dell Technologies missed Wall Street expectations for third-quarter revenue on Tuesday, weighed down by weaker demand for its traditional PCs and stiff competition from rival server makers.
Dell Technologies reported quarterly earnings on Tuesday that beat analyst expectations for earnings per share but came up light on overall revenue. Dell shares have risen 86% so far in 2024 as investors realize that it is one of the most important companies selling tools and systems for AI developers.
Dell Technologies Inc (NYSE:DELL) is slated to take to the earnings confessional after the close today, where the chip giant will report third-quarter results.