Form 8-K · Current Report · Filed 2024-05-30
Dell Reports 6% Revenue Growth in Q1 FY25, EPS Up 67%
Dell Technologies Inc. reported a 6% increase in revenue to $22.2 billion for its first quarter of fiscal 2025, driven by a 22% increase in Infrastructure Solutions Group (ISG) revenue. Diluted earnings per share (EPS) surged 67% to $1.32, while non-GAAP EPS decreased slightly by 3% to $1.27. The ISG segment saw record servers and networking revenue, up 42%, while Client Solutions Group (CSG) revenue remained flat. The company also announced a press release detailing its financial results and guidance, furnished as Exhibit 99.1.
- Filer
- Dell Technologies Inc. DELL · NYSE
- Filed
- Accession
- 0001571996-24-000050
- CIK
- 0001571996
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$179.21
Next session
-22.1%
Since filing
+126.2%
Latest close
$405.37
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Precedent
Previous filings from DELL reporting the same item, with the next session's move:
Exhibits (1)
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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