Investing.com - Dell Tech reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dell Tech announced earnings per share of $2.24 on revenue of $26.13B. Analysts polled by Investing.com anticipated EPS of $2.03 on revenue of $25.54B.
Dell Tech shares are up 38.56% from the beginning of the year and are trading at $100.03 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Dell Tech shares lost 1.50% in after-hours trade the report.
Dell Tech follows other major Technology sector earnings this month
Dell Tech's report follows an earnings beat by Facebook on July 28, who reported EPS of $3.61 on revenue of $29.08B, compared to forecasts EPS of $3.04 on revenue of $27.85B.
NVIDIA had beat expectations on August 18 with second quarter EPS of $1.04 on revenue of $6.51B, compared to forecast for EPS of $1.02 on revenue of $6.33B.
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