Dell Shares Down 9% in Morning Trading on Q4 EPS Miss

Tiger Newspress2022-02-25

Dell Technologies (NYSE: DELL) shares were trading around 9% lower in morning trading following the company’s disappointing Q4 results, with EPS coming in at $1.72, missing the consensus estimate of $1.94.

Revenue grew 26% year-over-year to $28 billion, compared to the consensus estimate of $27.5 billion. The company achieved a record full-year revenue of $101.2 billion (up 17%), driven by continued growth across all business units and record PC shipments.

Client Solutions Group revenue in Q4 came in at $17.3 billion, up 26% year-over-year, and Infrastructure Solutions Group revenue at $9.2 billion, up 3% year-over-year.

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Comments

  • YJ Lee
    2022-02-28
    YJ Lee
    Ok
  • Jazling
    2022-02-28
    Jazling
    Wow
  • El_Nino
    2022-02-28
    El_Nino
    k
  • SPOT_ON
    2022-02-28
    SPOT_ON
    Sell
  • koolgal
    2022-02-28
    koolgal
    Dell's business is still profitable but because it missed analysts expectations its share prices are down. Let's hope they will do better next quarter. 🤔
  • LimYH
    2022-02-27
    LimYH
    Omg
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