Dell FY Q2 Revenues, Profits Slighty Above Estimates; Shrs Fall

Dell (DELL) this afternoon reported results for its fiscal second quarter ended July 30 that were a tad above the Street consensus.

For the quarter, the PC maker posted revenue of $15.5 billion, up 22% from a year ago, and ahead ahead of the Street at $15.2 billion. Non-GAAP profits of 32 cents a share topped the Street by two cents.

Despite the beat, DELL in late trading is down 23 cents, or 1.9%, to $11.81.