Dell (DELL) reported fiscal fourth-quarter earnings that exceeded analysts' expectations, as the PC and server maker benefitted from growing demand for artificial intelligence infrastructure.
Dell beats Q4 earnings with $2.68 EPS but misses on $23.93B revenue. Strong AI server demand boosts stock over 3% in after-hours trading.
Dell missed on sales but beat on earnings for the fourth quarter. The company said it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system in the current year.
Dell Technologies beat estimates for earnings in its fiscal fourth quarter but sales were lighter than expected. Still, Dell stock rose in extended trading.
The company is expanding beyond large cloud providers with its AI-server business.
Dell Technologies forecast annual profit above Wall Street estimates on Thursday, while projecting full-year revenue that was in line with market expectations, in a sign of intense jostling in the AI server market.
Dell Technologies Inc. DELL will release its financial results for the fourth quarter, after the closing bell, on Thursday, Feb. 27, 2025.
Dell Technologies Inc DELL will be reporting its fourth-quarter earnings on Thursday. Wall Street expects $2.53 in EPS and $24.56 billion in revenues as the company reports after market hours.
Dell Technologies (DELL) has extra pressure heading into earnings as Nvidia (NVDA) sells off following its report. As Caroline Woods points out, the company has potential on enhancing A.I.
Investors are hoping the company will give a positive outlook for artificial intelligence server sales.
Dell and other server makers are seeing shrinking margins and less influence despite a surge in sales. Bloomberg's Brody Ford joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology.
Dell Q4 Preview: Inference AI To The Rescue (Rating Upgrade)