Dell Technologies annual revenue exceeds $100 billion

Dell Technologies has published another report. It includes data for the fourth quarter of fiscal year 2022 and for the year as a whole. Note that one of the largest PC manufacturers has a financial year that does not coincide with the calendar year.

Dell Technologies annual revenue exceeds 0 billion

So, revenue for the quarter was $27.992 billion and operating income was $1.609 billion. These indicators in annual terms increased by 16% and 13%, respectively. However, the result of the quarter was a loss of $29 million. A year ago, the company ended the quarter with a net income of $695 million. The non-GAAP calculation yields operating and net income of $2.191 billion and $1.390 billion, respectively. They are 2% and 1% more than the values ​​of these indicators for the fourth quarter of fiscal year 2021, also calculated according to non-GAAP.

In terms of full-year figures, revenue was a record, surpassing $100 billion for the first time. To be more precise, compared to the previous year, it increased by 17% and reached $101.197 billion. Operating income was $4.659 billion, up 26% from fiscal 2021. Net profit increased by 120% to $4.942 billion.

Source: ixbt

You may also like

Julia Fox with bloody underwear
Entertainment
Susan

Julia Fox with bloody underwear

There is no taboo that holds for Julia Fox. Surprising, or rather, to impress with its unmistakable style, considered by