ROUND ROCK, Texas (AP) — ROUND ROCK, Texas (AP) — Dell Technologies Inc. (DELL) on Thursday reported fiscal fourth-quarter profit of $1.53 billion.
On a per-share basis, the Round Rock, Texas-based company said it had net income of $2.15. Earnings, adjusted for one-time gains and costs, came to $2.68 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share.
The computer and technology services provider posted revenue of $23.93 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $24.66 billion.
For the current quarter ending in April, Dell Technologies expects its per-share earnings to be $1.65.
The company said it expects revenue in the range of $22.5 billion to $23.5 billion for the fiscal first quarter.
Dell Technologies expects full-year earnings to be $9.30 per share, with revenue ranging from $101 billion to $105 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DELL at https://www.zacks.com/ap/DELL
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