tradingkey.logo
tradingkey.logo
Search

Dell Technologies reports mixed Q4 results; lifts stock buyback program by $10B

Investing.comFeb 28, 2025 5:21 AM
facebooktwitterlinkedin
View all comments0

Investing.com -- Dell Technologies reported Thursday mixed quarter results and weaker revenue for the current quarter, though the pc and server maker hiked its dividend and unveiled a $10 billion increase in its share buyback program. 

Dell Technologies Inc (NYSE:DELL) rose more than 5% Thursday following the report.

For the fourth quarter, Dell reported adjusted earnings per diluted share of $2.68 on revenue of $23.93 billion, compared with estimates for $2.53 per share and $24.56, respectively.

For Q1, the company forecast non-GAAP diluted EPS of $1.65 on revenue of $22.5B and $23.5B, missing estimates for adjusted EPS of $1.83 on revenue of $23.72B.  

For the full-year 2026, non-GAAP diluted EPS was expected to be $9.30 on revenue between $101.0B and $105.0B, compared with expectations for adjusted EPS of $9.29 on revenue of $103.62B .

Dell Technologies increased its annual cash dividend by 18% to an expected $2.10 per common share and announced a $10B increase in its stock buyback program.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.