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Dell Technologies Q4 Earnings Miss Wall Street

Dell Technologies (DELL) Thursday reported fourth-quarter net income of $416 million, compared to loss of $287 million. Earnings per share were $0.54.

Adjusted income was $1.68 billion, up from $1.59 billion last year. Adjusted earnings per share were $2.00.

Fourth-quarter revenues were $24.0 billion, up 1 percent from $23.84 billion last year. Adjusted revenue was $24.1 billion, up 1 percent, over the same period last year.

Analysts polled by Thomson Reuters estimated earnings of $2.02 per share on revenues of $24 billion.

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