Dell Q2 Income Jumps 32pc
Just a day ahead of the expected closure of Dell and EMC’s merger, Dell has posted strong income of US$752 million – up 32 percent from the previous year.
The company reported revenue of $13.1 billion, an increase of one percent year over year, with a non-GAAP operating income. “We executed well in the quarter, driving $880 million in adjusted EBITDA, up 31 percent,” said Dell CFO Tom Sweet.
Cashflow from operations in the quarter came to $1.9 billion. On a trailing 12-month basis, it was $3.2 billion, an improvement of 50 percent.