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Dell beats estimates as server sales soar 80%, riding AI wave

Dell beats estimates as server sales soar 80%, riding AI wave

Michael Dell at the Allen & Company Sun Valley Conference on July 12, 2024 in Sun Valley, Idaho.

David Grogan | CNBC 

Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales. The stock rose more than 3% in extended trading.

Here’s how the company did for the fiscal second quarter versus LSEG consensus estimates:

  • Revenue: $25.03 billion vs. $24.53 billion expected
  • EPS: $1.89…


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