Dell Technologies shares are testing new highs. Why did DELL hit a new high?
Dell Q1 Earnings HighlightsDell reported first-quarter revenue of $43.84 billion, beating the consensus estimate of $35.45 billion, according to Benzinga Pro. The company posted first-quarter adjusted earnings of $4.86 per share, beating estimates of $2.94 per share.Total revenue was up 88% on a year-over-year basis. Here’s a breakdown of revenue by category.
Traditional Servers and Networking: $8.5 billion, up 92% year-over-year
AI-Optimized Servers: $16.1 billion, up 757% year-over-year
Storage: $4.3 billion, up 8% year-over-year
