Dell executives say there is strong demand for AI-powered servers, particularly those powered by Nvidia chips.
Start Time: 16:30 January 1, 0000 5:32 PM ET Dell Technologies Inc. Q1 2025 Earnings Conference Call May 30, 2024, 16:30 PM ET Company Participants Jeff Clarke - Vice Chairman and COO Yvonne McGill - CFO Tyler Johnson - Senior VP and Treasurer Rob Williams - Director, IR Conference Call Participants Krish Sankar - TD Cowen Toni Sacconaghi - Bernstein Ben Reitzes - Melius Research Erik Woodring - Morgan Stanley Wamsi Mohan - Bank of America Michael Ng - Goldman Sachs Amit Daryanani - Evercore Simon Leopold - Raymond James Ananda Baruah - Loop Capital Asiya Merchant - Citigroup Steven Fox - Fox Advisors Samik Chatterjee - JPMorgan David Vogt - UBS Operator Good afternoon, and welcome to the Fiscal Year 2025 First 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 the 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 April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
After Dell Technologies (DELL) reported fiscal first-quarter revenue and earnings that beat analysts' estimates, executives joined the company's earnings call to discuss Dell's guidance, margins, artificial intelligence (AI) server backlog, and AI opportunities.
Dell Technologies (DELL) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.31 per share a year ago.
Dell Technologies (DELL) reported first-quarter revenue and earnings that beat analysts' estimates on surging demand for artificial intelligence (AI) servers, though shares tumbled over 17% in extended trading Thursday as Dell's results failed to impress.
Dell Inc. (NASDAQ:DELL) posted first quarter earnings that topped Wall Street estimates with growth driven by demand for its AI servers. The technology company reported a 6% year-over-year jump in revenue to $22.2 billion, above estimates of $21.7 billion.
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. In this article DELL
Dell Technologies matched Wall Street's earnings target for its fiscal first quarter on higher-than-expected sales. But Dell stock fell.
Dell Technologies Inc is trading down in extended hours on Thursday even though it reported marketing-beating revenue for its first quarter. Why is Dell stock down in after-hours?
Dell Technologies Inc. blazed past expectations for its latest quarter as it continued to benefit from explosive artificial-intelligence demand, but the stock extended its pullback from record highs.
Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, ending a streak of six-quarters of decline, helped by growing demand for its AI-powered servers.