Dell Q2 Net Income More Than Doubles, Stock Surges 8% in After-Hours Trading

BlockBeats News, September 2nd, Dell Technologies released its Q2 FY2027 earnings: revenue of $47 billion, a 58% year-over-year growth, surpassing the market's expectation of $44.8 billion; non-GAAP earnings per share of $7.04, a 203% year-over-year growth, well above the market's expectation of $4.90. The full-year revenue guidance was significantly raised from the previous approximately $167 billion to $192 billion, significantly above the market's expectation of $173.8 billion; the expected full-year non-GAAP earnings per share to reach $25.50, also well above the market's expectation of $19.10.

According to BIT (bit.com) market data, Dell Technologies (DELL) closed down by 6%, then surged by 8.01% in after-hours trading after the financial report was released.