Dell Technologies reported a 16% increase in revenue for the fourth quarter, reaching $28 billion. However, the company experienced a net loss of $29 million from continuing operations, contrasting with a net income of $695 million in the same quarter the previous year. The company's full-year revenue reached a record $101.2 billion, up 17% year-over-year.
Fourth quarter revenue increased 16% to $28 billion.
Operating income for the quarter was $1.6 billion, up 13%.
Net loss from continuing operations was $29 million.
Full-year revenue reached a record $101.2 billion, up 17%.
Dell Technologies did not provide specific forward guidance in this earnings report.
Visualization of income flow from segment revenue to net income