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Dell Technologies (NYSE:DELL) Q4 2023 net revenue $25.039 billion,down 11% year-over-year

March 2, 2023 – Dell Technologies (NYSE:DELL) Delivers Fourth Quarter and Full Year Fiscal 2023 Financial Results。 Dell Technologies (NYSE:DELL) reported fiscal Q4 2023 non-GAAP earnings of $1.80 per diluted share, Analysts polled by Capital IQ expected $1.64. Revenue for the quarter ended Feb. 3 was $25.04 billion, Analysts polled by Capital IQ expected $23.51 billion. Dell ended the quarter with remaining performance obligations of $40 billion, deferred revenue of $30.3 billion and recurring revenue of approximately $5.6 billion, up 12% year-over-year. Cash and investments were $10.2 billion, and $3.8 billion was returned to shareholders in fiscal year 2023 through share repurchases and dividends. The company will increase its annual cash dividend by 12% to $1.48 per common share, with $0.37 per common share for the first quarterly distribution payable on May 5 to shareholders of record as of April 25. business outlook Sweet saids Revenue for the full fiscal year 2024

Dell Technologies (NYSE:DELL) Q4 2023 net revenue $25.039 billion,down 11% year-over-year Read Post »

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