Tuesday, November 26, 2019
Dell (DELL) reported earnings on Tue 26 Nov 2018 (a/h)
** charts after earnings **
Dell beats by $0.16, reports revs in-line
Reports Q3 (Oct) earnings of $1.75 per share, $0.16 better than the S&P Capital IQ Consensus of $1.59; revenues rose 1.6% year/year to $22.84 bln vs the $23.03 bln S&P Capital IQ Consensus.
The company has paid down more than $18 billion in gross debt over the three years since closing the EMC transaction and remains on track to repay approximately $5 billion of gross debt in fiscal 2020.