Dell Q2 Earnings: Revenue Beat, EPS Beat, Accelerating AI Momentum And More
Portfolio Pulse from Adam Eckert
Dell Technologies Inc reported strong Q2 earnings, with revenue and EPS beating estimates. The company saw significant growth in its Infrastructure Solutions Group and increased AI momentum. Dell returned $1 billion to shareholders and ended the quarter with $6 billion in cash.
August 29, 2024 | 8:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Dell Technologies reported Q2 revenue of $25.03 billion, beating estimates. EPS also surpassed expectations. The company saw strong growth in its Infrastructure Solutions Group and AI momentum. Dell returned $1 billion to shareholders and ended the quarter with $6 billion in cash.
Dell's Q2 earnings exceeded expectations, with significant growth in key areas like AI and Infrastructure Solutions. The positive financial performance and shareholder returns are likely to boost investor confidence, reflected in the 7.20% after-hours stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100