Dell Technologies saw a remarkable surge of over 18% in after-hours trading following the release of its fourth-quarter results, surpassing analysts’ expectations on both revenue and earnings. Adjusted earnings per share stood at $2.20, exceeding LSEG’s forecast of $1.73, while revenue reached $22.32 billion, topping LSEG’s estimate of $22.16 billion. Despite a decline in fourth-quarter revenue by 11% compared to the previous year, Dell reported a substantial increase in net income, reaching $1.16 billion, marking an 89% rise from the same period last year.
Rubrik Crushes Q2 Expectations and Raises FY27 Outlook as AI Opportunity Expands
Revenue jumps 38% while subscription ARR reaches $1.66 billion and management forecasts stronger growth and cash generation Rubrik (RBRK) delivered...
