Dell: Q4 EPS and dividend up 18%.
(CercleFinance.com) - Dell Technologies has reported Q4 adjusted EPS (non-GAAP) that is up 18% to $2.
68 (ended January), with adjusted operating profit up 22% to $2.67bn. NB: pmt -5.4%.
The IT equipment manufacturer's revenues rose 7% to just over $23.9bn, notably driven by a 37% jump in server and networking revenues, thanks to demand for both traditional and AI servers.
Our prospects for AI are strong, and the business we've done with xAI and others brings our backlog in AI servers to around $9bn to date, it says.
For the current quarter, Dell expects adjusted EPS to rise by 25% to $1.65, as well as revenues of $22.5bn to $23.5bn, implying annualized growth of 3% for the middle of this range.
In addition, its Board of Directors has decided to increase its annual cash dividend by 18%, to $2.10 per share, and approved a $10bn increase in its share buyback authorization.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
68 (ended January), with adjusted operating profit up 22% to $2.67bn. NB: pmt -5.4%.
The IT equipment manufacturer's revenues rose 7% to just over $23.9bn, notably driven by a 37% jump in server and networking revenues, thanks to demand for both traditional and AI servers.
Our prospects for AI are strong, and the business we've done with xAI and others brings our backlog in AI servers to around $9bn to date, it says.
For the current quarter, Dell expects adjusted EPS to rise by 25% to $1.65, as well as revenues of $22.5bn to $23.5bn, implying annualized growth of 3% for the middle of this range.
In addition, its Board of Directors has decided to increase its annual cash dividend by 18%, to $2.10 per share, and approved a $10bn increase in its share buyback authorization.
Copyright (c) 2025 CercleFinance.com. All rights reserved.