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Stock impact report

Dell revenue rises 3% as Windows refresh spurs PC demand [Reuters]

Dell Technologies Inc. Class C (DELL) 
Last dell technologies inc. class c earnings: 2/27 04:25 pm Check Earnings Report
Company Research Source: Reuters
Dell revenue rises 3% as Windows refresh spurs PC demand - Reuters 2 Min Read (Reuters) - Dell Technologies Inc reported a 3% rise in first-quarter revenue on Thursday, as more customers upgraded their systems ahead of Microsoft’s planned phase out of Windows 7 and strong performance in its VMware Inc unit. The company also swung to a profit, reporting net income attributable of $293 million, compared with a loss of $636 million a year earlier. Dell, one of the top players in the PC market, returned to public markets on Dec. 28 after it bought back interest tied to the performance of software maker VMware, and shares have surged nearly 50% since then. Client Solutions Group, which consists of Dell’s desktop PCs, notebooks and tablets, as well as its branded peripherals business, reported a 6% rise in revenue to $10.91 billion. Analysts had expected the segment to report revenue of $10.58 billion, according to FactSet. Revenue from commercial customers rose 13% and contributed $8.31 bi Show less Read more
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