Friday, August 16, 2013

Dell's profit falls 72% in the 2nd quarter to $ 204 mi

NEW YORK-Dell announced on Thursday that it had net income of $ 204 million ($ 0.12 per share) in the second fiscal quarter, a fall of 72% in comparison with the same period of 2012, $ 732 million (US $ 0,42 per share). The adjusted profit fell 50% to $ 0.25 per share, while revenue stayed virtually stable in $ 14,51 billion.
Even so, the results exceeded analysts ' forecasts slightly, who expected adjusted profit of $ 0.24 per share and revenue of $ 14,12 billion. Around 5:25 pm (Eastern), Dell's shares fell 0.11 percent on the Nasdaq after hours, having closed the trading session with 0.11% drop.
Dell reported that sales of corporate products advanced 8% in the second quarter, to $ 3.3 billion. The Services Division revenue increased 2% to $ 2.1 billion. Software sales totaled $ 310 million. Already revenues from computers fell 5%, to $ 9.1 billion. Source: Dow Jones Newswires.
O Estado de São Paulo - 15/08/2013
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