Dell Technologies Inc.
Dell Technologies Reports Record Q1 FY27 Results and Raises Guidance
Summary
Dell Technologies announced its financial results for the first quarter of fiscal 2027, reporting record revenue of $43.8 billion, up 88% year over year, and record diluted earnings per share (EPS) of $5.24, up 282% year over year. The company also reported record first-quarter cash flow from operations of $4.1 billion. Dell Technologies raised its full-year revenue outlook to $167 billion at the midpoint, up nearly 50% year over year, and increased its AI server revenue expectations for FY27 to $60 billion.
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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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