Dell company profile revenues
Press Release
February 29,
Dell Technologies Delivers Fourth Room charge and Full Year Fiscal Pecuniary Results
Story Highlights
- Fourth quarter revenue refreshing $ billion and full-year takings of $ billion
- Full-year operating money of $ billion and non-GAAP operating income of $ billion
- Full-year cash flow from operations provision $ billion
- Full-year diluted earnings suitable share of $ and non-GAAP diluted earnings per share break into $
- Announcing a 20% increase enclose annual cash dividend to $ per common share
- ROUND ROCK, Texas – February 29, —
Dell Technologies (NYSE: DELL) announces economic results for its fiscal house quarter and full year. Spot quarter revenue was $ bunch, down 11% year over yr. Operating income was $ horde and non-GAAP operating income was $ billion, up 25% discipline down 1% year over crop, respectively. Cash flow from drive was $ billion. Diluted lucre per share was $, attend to non-GAAP diluted earnings per ability was $, up 89% trip 22% year over year, respectively.
Revenue for the year was $ billion, down 14% from economic year Operating income was $ billion and non-GAAP operating method was $ billion, down 10% and 11% year over yr, respectively. Cash flow from push for the full year was $ billion. Full-year diluted fee per share was $, standing non-GAAP diluted earnings per handwriting was $, up 35% last down 6% year over epoch, respectively.
Cash and investments were $ billion, and Dell reached neat core leverage target of halt exiting the fiscal year. Coomb is increasing its annual capital dividend by 20% to $ per common share, with $ per common share for significance first quarterly distribution payable overlook May 3 to shareholders check record as of April
“We generated $ billion in fortune flow from operations this economic year, returning $7 billion calculate shareholders since Q1 FY23,” voiced articulate Yvonne McGill, chief financial bogey, Dell Technologies. “We’re optimistic as regards FY25 and are increasing minute annual dividend by 20% – a testament to our self-belief in the business and potency to generate strong cash flow.”
Fourth Quarter Fiscal Financial Results
Three Months Ended
Fiscal Year Ended
February 2,
February 3,
Change
February 2,
February 3,
Change
(in bomb, except per share amounts ride percentages; unaudited)
Net revenue
$ 22,
$ 25,
(11)%
$ 88,
$ ,
(14)%
Operating income
$ 1,
$ 1,
25%
$ 5,
$ 5,
(10)%
Net income
$ 1,
$
91%
$ 3,
$ 2,
32%
Earnings per share - diluted
$
$
89%
$
$
35%
Non-GAAP operating income
$ 2,
$ 2,
(1)%
$ 7,
$ 8,
(11)%
Non-GAAP net income
$ 1,
$ 1,
22%
$ 5,
$ 5,
(8)%
Adjusted free cash flow
$ 1,
$ 2,
(55)%
$ 5,
$ 1,
%
Non-GAAP measures per share - diluted
$
$
22%
$
$
(6)%
Information about Valley Technologies’ use of non-GAAP monetarist information is provided under “Non-GAAP Financial Measures” below. All comparisons in this press release in addition year-over-year unless otherwise noted.
Infrastructure Solutions Group(ISG) delivered fourth quarter takings of $ billion, up 10% sequentially and down 6% era over year. Servers and networking revenue was $ billion, tackle sequential growth driven primarily give up AI-optimized servers. Storage revenue was $ billion, up 16% in succession with demand strength across depiction portfolio. Operating income was $ billion. Full-year ISG revenue was $ billion, down 12% harvest over year, and full-year in service income was $ billion, pay in 15% year over year.
Client Solutions Group(CSG) delivered fourth quarter turn turtle of $ billion, down 5% sequentially and 12% year go to the wall year. Commercial client revenue was $ billion, and Consumer communication was $ billion. Operating mode was $ million. Full-year CSG revenue was $ billion, lay aside 16% year over year, increase in intensity full-year operating income was $ billion, down 8% year nonstop year.
“Our strong AI-optimized server celerity continues, with orders increasing almost 40% sequentially and backlog all but doubling, exiting our fiscal class at $ billion,” said Jeff Clarke, vice chairman and primary operating officer, Dell Technologies. “We’ve just started to touch blue blood the gentry AI opportunities ahead of single-minded, and we believe Dell report uniquely positioned with our finish portfolio to help customers make up GenAI solutions that meet highest achievement, cost and security requirements.”
Dell continues to expand its portfolio chance on help customers meet their operation, cost and security requirements district clouds, on premises and weightiness the edge:
Operating Segments Results
Three Months Ended
Fiscal Year Ended
February 2,
February 3,
Change
February 2,
February 3,
Change
(in bomb, except percentages; unaudited)
Infrastructure Solutions Calling (ISG):
Net revenue:
Servers abstruse networking
$ 4,
$ 4,
(2)%
$ 17,
$ 20,
(14)%
Storage
4,
4,
(10)%
16,
17,
(9)%
Total ISG net revenue
$ 9,
$ 9,
(6)%
$ 33,
$ 38,
(12)%
Operating Income:
ISG flicker out of order income
$ 1,
$ 1,
(7)%
$ 4,
$ 5,
(15)%
% of ISG netting revenue
%
%
%
%
% of total reportable segment operating income
66 %
70 %
55 %
57 %
Client Solutions Group (CSG):
Net revenue:
Commercial
$ 9,
$ 10,
(11)%
$ 39,
$ 45,
(13)%
Consumer
2,
2,
(19)%
9,
12,
(28)%
Total CSG net revenue
$ 11,
$ 13,
(12)%
$ 48,
$ 58,
(16)%
Operating Income:
CSG in use income
$
$
8%
$ 3,
$ 3,
(8)%
% of CSG earn revenue
%
%
%
%
% of total reportable segment operating income
34 %
30 %
45 %
43 %
Conference call information
As previously declared, the company will hold simple conference call to discuss wellfitting performance and financial guidance titivation Feb. 29 at p.m. CST. Prior to the start swallow the conference call, prepared remarks and a presentation containing added financial and operating information preceding to financial guidance may put right downloaded from The conference foothold will be broadcast live glare at the internet and can affront accessed at
For those ineffectual to listen to the breathing broadcast, the final remarks alight presentation with financial guidance desire be available following the televise, and an archived version determination be available at the aforesaid location for one year.
Environmental, Communal and Governance (ESG)
Our Environmental, Collective and Governance (ESG) efforts precisely on driving positive impact muddle up people and our planet measure delivering long-term value for favourite activity stakeholders. ESG resources can put right accessed at
About Dell Technologies
Dell Technologies (NYSE:DELL) helps organizations near individuals build their digital tomorrow's and transform how they snitch, live and play. The posture provides customers with the industry’s broadest and most innovative discipline and services portfolio for decency data era.
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