Dell Technologies Inc.
Dell Technologies Announces Fiscal 2024 Financial Results
Summary
Dell Technologies Inc. reported its fiscal 2024 fourth quarter and full year financial results on February 29, 2024. The company recorded full-year revenue of $88.4 billion, down 14% from fiscal year 2023, and full-year diluted earnings per share (EPS) of $4.36. Non-GAAP diluted EPS for the full year was $7.13. Dell also announced a 20% increase in its annual cash dividend to $1.78 per common share, with the first quarterly distribution of $0.445 per share payable on May 3, 2024.
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About Dell Technologies Inc.
Dell Technologies Inc. is a multinational technology company that designs, develops, manufactures, and supports a wide range of computer-related products and services. Its primary function is to provide infrastructure solutions, personal computing devices, and IT software tailored for both consumer and enterprise markets. Dell is renowned for its innovation in developing high-performance laptops, desktops, and a comprehensive range of computer peripherals. Moreover, it plays a vital role in industries such as healthcare, finance, education, and government by offering cloud solutions and enterprise software that enhance operational efficiency. Dell Technologies' influence in the technology sector is significant, owing to its commitment to sustainability and transforming how businesses operate through digital innovation. Founded by Michael Dell in 1984 and headquartered in Round Rock, Texas, Dell Technologies has evolved into a key player in the global PC market while expanding its reach in digital transformation services."}
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