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BREAKING NEWS

Dell beats revenue estimates

Dell beats revenue estimates
FILE PHOTO: Dell's logo is seen during Mobile World Congress in Barcelona, Spain, February 27, 2017. REUTERS/Eric Gaillard -
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Eric Gaillard(Reuters)
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(Reuters) – Dell Technologies Inc <DELL.N> marginally beat Wall Street estimates for revenue on Thursday, boosted by higher sales of its personal computers and cloud services.

The Texas-based firm reported total revenue of $23.37 billion (19 billion pounds) for the second quarter, compared with analysts’ estimates of $23.24 billion.

The company’s net income was $4.51 billion in the quarter ended Aug. 2, compared with a loss of $461 million a year earlier.

(Reporting by Neha Malara in Bengaluru; Editing by Maju Samuel)

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