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.
Dell Technologies Inc DELL will be reporting its third-quarter earnings on Tuesday. Wall Street expects $2.05 in EPS and $24.65 billion in revenues as the company reports after market hours.
Dell Technologies (DELL -0.04%) may not seem like the most exciting stock in the world. Many investors probably know Dell from a laptop they own or use at work, and it may seem like the furthest thing from an exciting artificial intelligence (AI) stock.
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Dell (DELL) is set to report third-quarter earnings after the market closes Tuesday, with analysts anticipating sales and profit gains from the year prior, but little further appreciation for the stock.