
Shares of Dell Technologies DELL.N rise ~2% to $128.81 in volatile trading after the bell
Co raises its annual revenue, profit expectations; forecasts Q4 revenue, profit above estimates
Sees annual revenue between $111.2 billion and $112.2 billion, vs earlier expectations of $105 billion to $109 billion
Projects annual adjusted EPS of $9.92, up from its prior projection of $9.55
Forecast Q4 revenue between $31 billion and $32 billion, above analysts' estimate of $27.59 billion and sees adjusted EPS of $3.50, above estimates of $3.21 — data compiled by LSEG
AI momentum is accelerating in the second half of the year — COO Jeff Clarke
Posts Q3 adjusted EPS beat, while revenue slightly misses expectations
Stock has risen ~9% YTD