Dell Technologies, Inc. (NYSE:DELL) reported its fourth-quarter financial results after the bell Thursday and highlighted increasing demand for its AI servers. Here's a look at the highlights.
The Details:
Dell reported quarterly earnings of $2.20 per share which beat the analyst consensus estimate of $1.73 by 27.17%.
Quarterly sales clocked in at $22.3 billion, beating the analyst consensus estimate of $22.16 billion.
Dell highlighted increasing demand for its AI servers and reported servers and networking revenue of $4.9 billion, with sequential growth driven primarily by AI-optimized servers.
“Our ...