Dell Technologies Reports Fiscal Year 2020 Fourth Quarter and Full Year Financial Results
Dell Technologies Inc. Class C (DELL)
Last dell technologies inc. class c earnings: 2/27 04:25 pm
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investors.delltechnologies.com/investor-overview
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Source: PR Newswire
ROUND ROCK, Texas, Feb. 27, 2020 /PRNewswire/ --News summaryRecord full year revenue of $92.2 billion Full year net income of $5.5 billion; adjusted EBITDA of $11.8 billion Record Client Solutions Group full year revenue of $45.8 billion Share repurchase program of up to $1 billion over the next 24 months Full storyDell Technologies (NYSE: DELL) announces financial results for its fiscal 2020 fourth quarter and full year. Fourth quarter revenue was $24.0 billion, up 1 percent, and non-GAAP revenue was $24.1 billion, up 1 percent, over the same period last year. During the quarter, the company generated operating income of $717 million, a 117 percent increase over the same period in the prior year, and non-GAAP operating income of $2.8 billion, up 4 percent over the prior year. Net income was $416 million or approximately 2 percent of revenue. Non-GAAP net income was $1.7 billion or 7 percent of non-GAAP revenue. Diluted earnings per share was $0.54 and non-GAAP diluted earnings per sh
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