Dell Technologies Q2 revenue reaches $47 billion
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Dell Technologies (NYSE:DELL) reported record fiscal second quarter 2027 revenue of $47 billion, up 58% year over year, with diluted earnings per share reaching $6.34.
Dell Technologies (NYSE:DELL) reported record fiscal second quarter 2027 revenue of $47 billion, up 58% year over year, with diluted earnings per share reaching $6.34.
Bloomberg News reporter Brody Ford says Dell's server business is helping the company's revenue benefit from the AI boom. Dell gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work. Revenue in the fiscal year ending in January 2027 will be about $167 billion, including $60 billion from the sale of AI servers, the Texas-based company said Thursday in a statement.
Dell Technologies (NYSE:DELL) declared a quarterly cash dividend of $0.63 per common share.
This distribution matches the company's ongoing capital return metrics from the previous quarter.
Dell Technologies Inc. Chief Executive Officer Michael Dell and Nvidia CEO Jensen Huang talk about how they work together on Dell's AI Factory which uses servers with Nvidia chips, software and services. They speak to Bloomberg's Ed Ludlow at the Dell World conference in Las Vegas.
Shares of Dell Technologies (NYSE:DELL) soared nearly 40% in premarket trading on Friday after robust demand for its Nvidia-powered artificial intelligence servers prompted the hardware giant to sharply raise its annual revenue and profit forecasts.
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