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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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Comment45

  • YJ Lee
    ·2022-02-28
    Ok
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  • Jazling
    ·2022-02-28
    Wow
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  • El_Nino
    ·2022-02-28
    k
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  • SPOT_ON
    ·2022-02-28
    Sell
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  • koolgal
    ·2022-02-28
    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. 🤔
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  • LimYH
    ·2022-02-27
    Omg
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  • sh99
    ·2022-02-27
    ytd
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  • Investigater
    ·2022-02-27
    Oh no
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  • azotest
    ·2022-02-27
    Okay
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  • AppleSeed
    ·2022-02-27
    👍🏻
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  • Chris1368
    ·2022-02-27
    😮 
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  • Kionglee
    ·2022-02-27
    Just
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  • Chris1368
    ·2022-02-27
    Like
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  • Oyh
    ·2022-02-27
    Ok
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  • EY12
    ·2022-02-27
    Like
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  • Lulup
    ·2022-02-26
    read
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  • Chillman
    ·2022-02-26
    Shag
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  • Ezumu
    ·2022-02-26
    Fghbghvvv
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  • nelson21
    ·2022-02-26
    Pls like
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  • KLF
    ·2022-02-26
    Oops
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