Dell shares soar 15% after beating earnings expectations, cites rising demand for AI servers
Publishing timestamp: 2024-02-29 17:06:19
Summary
Dell Technologies' shares rose over 15% in extended trading after beating analysts' expectations in Q4 results, increasing annual dividend, and showing strong demand for AI servers. Revenue was $22.32 billion, net income up 89%, and company expects to return to growth in fiscal 2025.
Sentiment: POSITIVE
Tickers: DELL,
Keywords: earnings, enterprise, breaking news: technology, business news, dell technologies inc, artificial intelligence,