ROUND ROCK, Texas (AP) — ROUND ROCK, Texas (AP) — Dell Technologies Inc. (DELL) on Tuesday reported fiscal third-quarter net income of $1.55 billion.
On a per-share basis, the Round Rock, Texas-based company said it had net income of $2.28. Earnings, adjusted for one-time gains and costs, were $2.59 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.48 per share.
The computer and technology services provider posted revenue of $27.01 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $27.27 billion.
For the current quarter ending in January, Dell Technologies expects its per-share earnings to be $3.50.
The company said it expects revenue in the range of $31 billion to $32 billion for the fiscal fourth quarter.
Dell Technologies expects full-year earnings to be $9.92 per share, with revenue ranging from $111.2 billion to $112.2 billion.
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