earnings
confidence high
sentiment negative
materiality 0.70
Dell Q1 FY2024 revenue $20.9B (-20% YoY); EPS $0.79, non-GAAP EPS $1.31, down 42%/29%
Dell Technologies Inc.
2024-FY EPS reported
$0.79
revenue$20,922,000,000
- Revenue $20.9B, down 20% YoY; operating income $1.1B (-31%); net income $578M (-46%).
- Non-GAAP operating income $1.6B (-25%); non-GAAP EPS $1.31 (-29%).
- Cash from operations $1.8B; RPO $39B; recurring revenue $5.6B (+6%).
- Returned $527M to shareholders via buybacks and dividends in Q1.
- Dell maintained pricing discipline and reduced opex amid challenging macro.