Dell Technologies (DELL) Q4 Earnings & Revenues Rise Q/Q
Zacks Investment Research | Feb 27, 2020 09:57PM ET
Dell Technologies’ (NYSE:DELL) fourth-quarter fiscal 2020 non-GAAP earnings of $2 per share increased 14.3% on a sequential basis.
Revenues inched up 1% year over year and 5% sequentially to $24.13 billion.
The Zacks Consensus Estimate for earnings and revenues was pegged at $1.59 per share and $24.12 billion, respectively.
Quarter in Detail
Product revenues (75.2% of revenues) declined 2.8% year over year to $18.15 billion. Services revenues (24.4%) increased 13.8% year over year to $5.88 billion.
Infrastructure Solutions Group (ISG) revenues were down 11.5% year over year to $8.76 billion. The segment accounted for 36.3% of revenues.
Dell Technologies Inc. Price, Consensus and EPS Surprise
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