DELL EMC GROWTH FULL
DELL EMC GROWTH PC

The company has operations in United States, which include Satellite broadband, Managed Services, Integration platforms, Fixed broadband, Converged services, Mainframes & Servers, App. Connect with its key contacts, projects, shareholders, related news and more. Client Solutions Group full-year operating income was $4.4 billion, a 31% increase versus the prior year.Get all the information about Dell EMC, a company operating mainly in the ICT sector.

DELL EMC GROWTH FULL

For the full year, Client Solutions Group delivered record revenue of $61.5 billion, up 27% versus the prior year. Operating income was $1.2 billion, or approximately 6.7% of Client Solutions Group revenue.

This performance was driven by $12.9 billion in commercial revenue – a 30% increase year-over-year – and $4.4 billion in consumer revenue – a 16% increase year-over-year. The company had net debt paydowns of $16.5 billion in fiscal 2022 and received an Investment Grade corporate family rating from all three major credit rating agencies.Ĭlient Solutions Group delivered record results, with revenue for the fourth quarter of $17.3 billion, up 26% year-over-year.

All comparisons in this press release are year-over-year unless otherwise noted.ĭell Technologies ended the quarter with remaining performance obligations of $42 billion, up 20% year-over-year, deferred revenue of $27.6 billion, and cash and investments of $11.3 billion. Information about Dell Technologies’ use of non-GAAP financial information is provided under “Non-GAAP Financial Measures” below. Net income (loss) from continuing operationsĮarnings (loss) per share from continuing operations attributable to Dell Technologies Inc. (in millions, except per share amounts and percentages unaudited) Fourth quarter diluted loss per share was $0.04, and non-GAAP diluted earnings per share was $1.72, in each case resulting in part from a higher than anticipated effective tax rate in the quarter.įourth Quarter and Full-Year Fiscal 2022 Financial Results Cash flow from operations was $3.1 billion. Net loss from continuing operations was $29 million, non-GAAP net income was $1.4 billion and adjusted EBITDA was $2.7 billion. The company generated operating income of $1.6 billion, up 13%, and non-GAAP operating income of $2.2 billion, up 1%. Full-year diluted earnings per share from continuing operations was $6.26, up 114%, and non-GAAP diluted earnings per share was $6.22, up 27%.įourth quarter revenue increased 16% to $28 billion. Cash flow from operations was $10.3 billion and cash flow from operations excluding VMware was a record $7.1 billion. For the full year, both net income from continuing operations and non-GAAP net income were $4.9 billion.

The company generated record operating income of $4.7 billion, a 26% increase over the prior year, and record non-GAAP operating income of $7.8 billion, up 12%.

DELL EMC GROWTH PC

The board has declared the initial quarterly dividend of $0.33 per share, which will be payable on April 29 to stockholders of record as of April 20.įull-year revenue was a record $101.2 billion, up 17% over the prior year, fueled by record demand, strong execution, continued growth across all business units, and record PC shipments.

The company also announces that its board of directors has approved a dividend policy under which the company intends to pay quarterly cash dividends on its common stock, with an initial dividend rate of $1.32 per share per year for fiscal 2023, or approximately $1 billion in aggregate.

Small Business Partner Outreach Programĭell Technologies (NYSE: DELL) announces financial results for its fiscal 2022 fourth quarter and full year.

Energy, Climate Action & Sustainability.