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Thursday, September 6, 2018

-=Dell Technologies (DVMT) reported earnings on Thur 6 Sept 2018 (b/o)



Dell Technologies reports Q2 results and provides FY19 guidance
  • Co reports Q2 EPS of ($461 mln) versus ($739 mln) last year; revs 18% YoY to $22.94 bln vs $22.178 bln single est.
  • For fiscal 2019, the company is adjusting upward the guidance ranges provided on July 2, given the momentum it has seen year-to-date. The company now expects non-GAAP revenue to be between $90.5 billion and $92.0 billion for the full fiscal year (Capital iQ consensus $88.38 bln single est) non-GAAP operating income to be between $8.4 billion and $8.8 billion, and non-GAAP net income to be between $4.9 billion and $5.3 billion.

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