Dell missing their whisper numbers today isn't really keen short term.
newsalert.com
I don't know how their numbers could be any more impressive.
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*Dell Outperforms Wall Street Estimates
Newsbytes - May 19, 1998 17:48
ROUND ROCK, TEXAS, U.S.A., 1998 MAY 19 (NB) -- By Patrick McKenna, Newsbytes. Dell Computer [NASDAQ:DELL] continues to set financial records with third quarter revenues up 52 percent and earnings up 63 percent for the company's recently ended first fiscal quarter. Growth occurred in personal computers for consumers and businesses, servers and notebooks with the latter sufficiently strong to replace IBM as the number three notebook supplier in the US.
First Call's consensus predicted Dell would deliver earnings of $0.42 per share, but the direct sales computer manufacturer outperformed the experts when it recorded earnings of $0.44 per share. First quarter net revenues were $3.9 billion compared to $2.58 billion in the same quarter last year. Net income for the first quarter was $305 million compared to $198 million for the same quarter in 1997.
Dell claims the new numbers ranks the company number one in profits, number 2 in revenues and number three in units sold worldwide.
Regionally, Dell's revenues were up in the three major sales areas, US, Europe and Asia Pacific, including Japan. $2.6 billion of the company's quarter revenues were US-based, an increase of 50 percent. European revenues were up 62 percent with $1 billion in sales and the combined Asia Pacific region accounted for profits of $269 million, a quarterly increase of 35 percent.
From the enterprise side, Dell said the company's PowerEdge network server and Dell Precision workstation product lines were up177 percent from the same quarter a year ago.
Reported by Newsbytes News Network: newsbytes.com . >>>> |
