Investing.com - Dell Tech reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Dell Tech announced earnings per share of $1.72 on revenue of $27.99B. Analysts polled by Investing.com anticipated EPS of $1.95 on revenue of $27.47B.
Dell Tech shares are down 0.59% from the beginning of the year and are trading at $53.00 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Dell Tech shares lost 5.09% in after-hours trade the report.
Dell Tech follows other major Information Technology sector earnings this month
Dell Tech's report follows an earnings beat by Apple on January 27, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
NVIDIA had beat expectations on February 16 with fourth quarter EPS of $1.32 on revenue of $7.64B, compared to forecast for EPS of $1.23 on revenue of $7.42B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar