Dell Technologies (DELL) released its fiscal 2027 second-quarter earnings on September 2, reporting revenue of $47 billion, a 58% increase year-over-year, which exceeded the analyst consensus of $44.8 billion. Non-GAAP earnings per share came in at $7.04, a 203% surge from the same period last year, far surpassing the $4.90 estimate. The company revised its full-year revenue guidance upward to $192 billion, from approximately $167 billion, significantly higher than the $173.8 billion market expectation. Full-year non-GAAP EPS guidance was raised to $25.50, also well above the $19.10 consensus. Following the announcement, Dell's after-hours trading saw an 8.01% jump, recovering from a 6% decline during the regular session.
Dell Technologies (DELL) reported fiscal 2027 second-quarter earnings on September 2 that crushed Wall Street expectations. Revenue came in at $47 billion, a 58% increase year-over-year, beating the analyst consensus of $44.8 billion. Non-GAAP earnings per share reached $7.04, skyrocketing 203% from a year ago and far exceeding the $4.90 estimate.
Guidance Raised
The company also raised its full-year revenue guidance to $192 billion, up from $167 billion, well above the $173.8 billion market forecast. Full-year non-GAAP EPS guidance was set at $25.50, significantly ahead of the $19.10 consensus.
Market Reaction
According to data from BIT(bit.com), Dell shares closed 6% lower in regular trading but surged 8.01% after the earnings release.
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