Dell Technologies (DELL) Tops Q3 EPS by 63c
Dell Technologies (NYSE: DELL) reported Q3 EPS of $2.03, $0.63 better than the analyst estimate of $1.40. Revenue for the quarter came in at $23.5 million versus the consensus estimate of $21.85 million.
The company said remote work and learning solutions drove results in the quarter.
"Technology has never been more important, and as the world evolves, so does our business," said Jeff Clarke, vice chairman and chief operating officer, Dell Technologies. "We met unprecedented demand for remote work and learn solutions this quarter while increasing revenue to $23.5 billion. At the same time, we accelerated our as-a-Service strategy and hybrid cloud capabilities at the edge – positioning us to win in these growing markets and making it easy for customers to manage data and workloads across all their operations."
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