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Oct 28, 2022
Dell Q3 2023 Earnings Report
Dell's Q3 2023 earnings were announced, revealing a mixed performance with revenue declining but operating income increasing significantly.
Key Takeaways
Dell Technologies reported a 6% decrease in revenue to $24.7 billion for Q3 2023. However, the company achieved record operating income of $1.8 billion, a 68% increase, and non-GAAP operating income of $2.4 billion, a 22% increase. Diluted earnings per share were $0.33, and non-GAAP diluted earnings per share were $2.30.
Revenue decreased by 6% to $24.7 billion.
Operating income increased by 68% to a record $1.8 billion.
Non-GAAP operating income increased by 22% to a record $2.4 billion.
Diluted earnings per share were $0.33, and non-GAAP diluted earnings per share were $2.30.
Dell
Dell
Dell Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income