Thursday, June 8, 2017

Dell Technologies Revenues and Earnings Down

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Dell Technologies reported QE April 2017 financial results on June 8

Dell Technologies Revenues and Earnings Down

  • Dell Technologies is a privately held company, but reports publicly due to public debt and related SEC requirements.
  • Dell Technologies has two tracking stocks (DVMT, SCWX) for its ownership in VMware and SecureWorks, respectively.
  • Therefore, overall financial performance and position are not represented by a "Dell Technologies stock" in the stock market.

Below are the charts for both GAAP and Non-GAAP financial performance (in millions $).

GAAP net revenues ($17.8B), gross profit ($4.3B), operating loss (-$1.5B), net loss (-$1.4B):

Non-GAAP net revenues ($18.2B), gross profit ($5.6B), operating earnings ($1.2B), net earnings from continuing operations ($581M).

About Dell Technologies

Dell Technologies is a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information. The company services customers of all sizes across 180 countries – ranging from 98 percent of the Fortune 500 to individual consumers – with the industry's most comprehensive and innovative portfolio from the edge to the core to the cloud.

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