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Dell Technologies Reports Mixed Q2 Results as Revenue Falls Short

By Yasin Ebrahim

Investing.com -- Dell Technologies reported Thursday mixed second-quarter results as earnings beat, but revenue just fell short of Wall Street estimates as

Dell Technologies (NYSE:DELL) was down 8% in afterhours trading following the report.

The company reported second-quarter adjusted EPS of $1.68 on revenue of $26.43 billion, compared with estimates for $1.64 per share and $26.61 billion, respectively.

Revenue was driven by a performance in the company’s client solutions group and infrastructure solutions group business, which grew revenue 9% to $15.5 billion year-on-year in Q2.

Consumer revenue, however, was down 9% to $3.3 billion.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.