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Dell Technologies Inc. (NYSE:DELL) Q2 2024 Earnings Call Transcript August 31, 2023 Dell Technologies Inc. beats earnings expectations. Reported EPS is $1.74, expectations were $1.13. Operator: Good afternoon, and welcome to the Fiscal Year 2024 Second Quarter Financial Results Conference Call for Dell Technologies Inc. I’d like to inform all participants this call is being […]
Shares in Dell Technologies Inc rose 22.2% and hit a record high on Friday after it raised full-year financial forecasts with boosts from artificial intelligence and stabilizing demand for computer...
Dell reported second quarter revenue and EPS above analyst estimates. Servers and networking revenue rose 11% from the first quarter to $4.27 billion, driven by higher demand for AI-optimized servers, Dell said.
Dell, on track for its biggest ever daily percentage gain, is up more than 70% for the year-to-date. "Results and guidance corroborated the improving order trends in the broader enterprise vertical" said JPMorgan analyst Samik Chatterjee, in a research note. Dell added to evidence of this trend from CDW Group, Cisco Systems and Hewlett Packard Enterprises, according to the analyst.
Ciena Corp August 31, 2023 Corporate Speakers Gary Smith; Ciena Corporation; Chief Executive Officer,...