Investing.com -- Dell Technologies reported Tuesday third second-quarter results as earnings beat, but revenue fell short of Wall Street estimates as strength in AI-related growth was offset by soft PC demand.
Dell Technologies Inc (NYSE:DELL) was down 5% in afterhours trading following the report.
The company reported Q3 adjusted EPS of $2.15 on revenue of $24.4 billion, compared with estimates for $2.06 per share and $24.69B, respectively.
Revenue was hurt by by a performance in the company’s client solutions group, which includes PCs and laptops, saw revenue fall 1% to $12.1B year-on-year in Q3.
The infrastructure solutions group saw revenue jumped 34% YoY in Q3, driven by strong AI-related demand.
Consumer revenue fell down 18% to $2B.
Related Articles
Dell Technologies Q3 revenue falls short of estimates as weak PC demand weighs
Mexico stocks lower at close of trade; S&P/BMV IPC down 0.98%
Colombia stocks lower at close of trade; COLCAP down 0.52%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。