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Dell even noted in that same earnings report that it had “paid down $19.5 billion in gross debt since closing the EMC transaction in September 2016.” We reached out to the company, ...
Dell is a subsidiary of Dell Technologies, Inc., a publicly traded company, as well as a component of the NASDAQ-100 and S&P 500. Dell is ranked 31st on the Fortune 500 list in 2022, [8] up from 76th in 2021. [9] It is also the sixth-largest company in Texas by total revenue, according to Fortune magazine.
Dell is going to report quarterly earnings on May 30, with analysts expecting both AI PCs and AI servers to help demand for the company's products.
Neil Rozenbaum, The Motley Fool. June 4, 2024 at 9:30 AM. In this video, I will cover Dell Technologies ' (NYSE: DELL) latest earnings report and explain why the stock dropped 20% and how this ...
On May 30, Dell reported its fiscal 2025 first-quarter earnings (for the quarter ending May 3). Revenue of $22.2 billion beat analyst expectations of $21.6 billion and was up 6% year over year ...
Dell shares are up more than 8% following the announcement. The company intends on using parts of its proceeds to deleverage, writing in a release that it will use “net proceeds to pay down debt ...
In July 2010, Dell was accused, of fraudulently reporting its financial earnings to give the impression that it was exceeding analyst earnings projections. Dell had used undisclosed payments from Intel to smooth out volatility from poor earnings. Dell paid a $100 million penalty for it misconduct.
Gartner had mixed news for server vendors like Dell in its June report with shipments up 1.7 percent, but revenue down 2.3 percent. IDC’s June report was even worse with revenue down 3.6 percent ...