Dell Exceeds Earnings Estimates with Strong Revenue Growth
Dell Technologies (DELL) reported significantly higher-than-expected earnings of $7.04 per share, far exceeding the Wall Street estimate of $4.92 on revenue of $46.97 billion versus an expected $44.92 billion. The company's net income surged from $1.16 billion to $4.13 billion year-over-year as its data center and infrastructure solutions drove growth, particularly in AI-optimized servers. Dell also raised guidance for the third quarter and full fiscal year, projecting adjusted earnings of $6.50 per share on revenue of $49 billion—well above analyst expectations—and a full-year EPS forecast of $25.50 with $192 billion in revenue. This represents an 81% increase from previous guidance for the third quarter alone and highlights strong momentum, especially in its Infrastructure Solutions Group. The stock rose nearly 9% after hours following the report, continuing a year-long outperformance against both the S&P 500 and broader market trends.
Tickers: $DELL
Topics: AI Servers Earnings Revenue Growth Stock Performance