logo
Share SHARE
FONT-SIZE Plus   Neg

Dell Q1 Profit Down, Misses Street; But Revenue Tops View

Dell Inc. (DELL) Thursday reported first-quarter net income of $130 million or $0.07 per share, down from $635 million or $0.36 per share last year.

Adjusted net income for the quarter dropped to $372 million or $0.21 per share from $761 million or $0.43 per share last year. Analysts polled by Thomson Reuters expected earnings of $0.35 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter dropped to $14.07 billion from $14.42 billion last year. Analysts estimated revenues of $13.52 billion for the quarter.

Dell did not issue an outlook for the second quarter in view of its announcement of going private.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Media entertainment company CBS Corp. (CBS, CBS-A), Tuesday reported an increase in profit for the first quarter, driven largely by double-digit increase in revenues reflecting strong performance of television network segment. The New York-based company's first-quarter profit rose to $473 million... A Brazilian judge has ordered all wireless phone carriers in the country to block WhatsApp after the Facebook-owned messaging service failed to comply with an order asking to turn over data related to a criminal investigation. According to reports, the app, which is used by over 100 million Brazilians,... Amazon.com Inc. intends to bring its free same-day delivery to the Bronx and Chicago's South Side areas. The online retailer's plans comes after severe criticism were raised that the company unfairly left out some predominantly black and Hispanic areas from its Prime service. An analysis done by...
comments powered by Disqus
Follow RTT