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@General-Mils 1 month ago

Dell Q4 earnings beat, stock up 7% after hours

Dell Q4 earnings beat, stock up 7% after hours

Dell shares are up 7% after-hours after beating Q4 expectations. EPS came in at $3.89 vs $3.52 expected, and revenue was $33.4 billion vs $31.41 billion estimated. AI server revenue is the main driver, up 342% to $9.0 billion with a $43 billion backlog. They also provided strong guidance for fiscal 2027 and announced a 20% dividend increase along with a $10 billion expansion to their buyback program.
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