Dell Technologies Inc. (DVMT) Reports Q2 Revenues Above Estimates; Lifts FY19 Revenue Guidance Above Consensus

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Dell Technologies Reports Fiscal Year 2019 Second Quarter Financial Results

September 6, 2018 7:00 AM EDT

ROUND ROCK, Texas, Sept. 6, 2018 /PRNewswire/ --

News summary

GAAP revenue up 18 percent to $22.9 billion Double-digit growth across all reportable segmentsInfrastructure Solutions Group, Client Solutions Group and VMware Strong operating cash flow and continued debt pay down Full-year guidance increased based on strong first half results

Full storyDell Technologies (NYSE: DVMT) announces its fiscal 2019 second quarter results. For the second quarter, revenue was $22.9 billion, up 18 percent, and non-GAAP revenue was $23.1 billion, up 16 percent from the prior period. During... More