Investing.com - Dell Tech reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Dell Tech announced earnings per share of $1.68 on revenue of $26.43B. Analysts polled by Investing.com anticipated EPS of $1.64 on revenue of $26.61B.
Dell Tech shares are down 14.72% from the beginning of the year and are trading at $47.90 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Dell Tech follows other major Information Technology sector earnings this month
Dell Tech's report follows an earnings beat by Apple on Thursday, July 28, 2022, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.79B.
NVIDIA had missed expectations on Wednesday with second quarter EPS of $0.51 on revenue of $6.7B, compared to forecast for EPS of $0.5297 on revenue of $6.83B.
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