ROUND ROCK, Texas (AP) — ROUND ROCK, Texas (AP) — Dell Technologies Inc. (DELL) on Thursday reported fiscal fourth-quarter earnings of $2.26 billion.
The Round Rock, Texas-based company said it had net income of $3.37 per share. Earnings, adjusted for one-time gains and costs, came to $3.89 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.54 per share.
The computer and technology services provider posted revenue of $33.38 billion in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $31.91 billion.
For the year, the company reported profit of $5.94 billion, or $8.68 per share. Revenue was reported as $113.54 billion.
For the current quarter ending in April, Dell Technologies expects its per-share earnings to be $2.90.
The company said it expects revenue in the range of $34.7 billion to $35.7 billion for the fiscal first quarter.
Dell Technologies expects full-year earnings to be $12.92 per share, with revenue ranging from $138 billion to $142 billion.
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