Friday, March 8, 2013

DELL FYQ4 Revenue, EPS Beat

Dell (DELL) this afternoon reported fiscal Q4 revenue and profit per share that topped analysts’ estimates.

Revenue in the three months ended in January fell 11%, year over year, to $14.3 billion, yielding EPS of 40 cents.

Analysts had been modeling $14.12 billion in revenue and 39 cents.

Dell said its server business rose 5%, year over year, while networking sales were up 42%. Sales in its “desktop and mobility” business were down 20%.
As some expected, the company is saying it will not offer an outlook this quarter, as its process of debating an LBO of the company proceeds.

Dell shares are up 7 cents, or half a percent, at $13.87 in late trading.

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