Backs Q3 revenue view $26.5B-$27.5B, consensus $27.26B. “Customers are hungry for AI and the compute, storage and networking we provide to deploy intelligence at scale. We’re successfully translating that demand into growth and strong cash flow that we’ve largely returned to shareholders,” said Michael Dell, chairman and chief executive officer, Dell Technologies (DELL). “As AI continues to expand into businesses and governments around the world, the opportunity ahead is massive.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DELL:
- Dell Technologies increases long-term EPS growth view to 15% or better
- Dell Technologies ups long-term EPS view to up at least 15% from up at least 8%
- Dell Technologies Completes $4.5 Billion Senior Notes Offering
- GameStop, C3ai, Lululemon, Dell, Opendoor: Insider Moves Unveiled!
- Dell Awards $132.4M Stock Options to COO Clarke