Dell Technologies shares surged over 10% after hours on Tuesday as the company reported fiscal Q2 results that dramatically beat analyst expectations. Adjusted EPS of $7.04 far exceeded the consensus estimate of $4.90, while revenue surged 58% to $46.97 billion. AI-optimized server sales doubled to $16.4 billion, and Dell secured $60.9 billion in AI orders during the quarter, pushing its backlog to a record $95 billion. The company raised its full-year guidance for the second straight quarter, now forecasting revenue of about $192 billion, adjusted EPS of $25.50, and AI server revenue of approximately $74 billion.
Dell Technologies shares jumped over 10% in after-hours trading Tuesday after the company reported fiscal second-quarter results that beat market expectations. Adjusted earnings per share came in at $7.04, well above the analyst consensus of around $4.90. Revenue rose 58% year-over-year to $46.97 billion.
AI-optimized server sales more than doubled to $16.4 billion. During the quarter, Dell secured $60.9 billion in AI orders, and its backlog of unfilled orders reached a record $95 billion at quarter-end, up from $51.3 billion three months earlier. Management raised its full-year outlook for the second consecutive quarter, now projecting revenue of approximately $192 billion, adjusted EPS of $25.50, and AI server revenue guidance was raised to about $74 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
