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Feb 03, 2023
Dell Q4 2023 Earnings Report
Dell's fourth quarter revenue decreased by 11%, but ISG revenue increased by 7%.
Key Takeaways
Dell Technologies reported a decrease in fourth-quarter revenue by 11% to $25 billion. However, the Infrastructure Solutions Group (ISG) saw a 7% increase in revenue. The company is increasing its annual cash dividend by 12% to $1.48 per common share.
Fourth quarter revenue was $25 billion, down 11%.
Operating income was $1.2 billion, representing 4.7% of revenue.
Non-GAAP operating income was $2.2 billion, representing 8.7% of revenue.
Diluted earnings per share from continuing operations was $0.84, and non-GAAP diluted earnings per share was $1.80.
Dell
Dell
Dell Revenue by Segment
Forward Guidance
Dell Technologies will hold a conference call to discuss its performance and financial guidance on March 2, 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income