Dell Technologies reported a significant surge in AI-related orders, with its AI backlog reaching $95 billion and Q2 orders hitting $60.9 billion compared to $16.4 billion in revenue. The company expects AI server revenue to triple to $74 billion by fiscal year 2027, although supply constraints may limit growth. Dell's ISG operating income rose 225% to $4.8 billion, with operating margins expanding by 620 basis points to 15%. Despite trading at a premium, Dell's strong operating leverage, storage business, and potential earnings upgrades for FY28 support its growth outlook.
Dell Technologies reported a strong Q2 with revenue up 58% to $46.97B and raised its full-year revenue guidance by $25 billion, driven by AI-optimized server sales. MongoDB posted double-digit growth and raised its FY27 profit and revenue outlook des...
Dell Technologies reported quarterly revenue of $46.97 billion and earnings per share of $7.04, both surpassing analyst expectations. The company's growth is fueled by strong demand in its AI server business, supported by a substantial $51 billion or...
Dell Technologies reported fiscal Q2 revenue of $47 billion, up 58% year-over-year, driven by a doubling in AI-optimized server sales to $16.4 billion. The company beat analyst estimates on revenue and earnings per share, prompting a 10% jump in afte...
Dell Technologies reported quarterly revenue of $46.97 billion, surpassing analyst estimates and growing 58% year-over-year. The company raised its full-year forecast, now expecting $192 billion in revenue and $25.50 in adjusted earnings per share, d...
Dell stock fell 4% ahead of its fiscal Q2 earnings report despite a 266% rally year-to-date, signaling investor caution. The market expects strong growth driven by Dell's AI-optimized servers, with consensus earnings up 113% and revenue up 52% year-o...
