DELL TECHNOLOGIES Reports Q4 FY2023 Earnings Results for the Period Ending January 31 2023
March 19, 2023
Earnings Overview
On March 2 2023, DELL TECHNOLOGIES ($NYSE:DELL) announced its financial results for the fourth quarter of Fiscal Year 2023, which ended on January 31 2023. Total revenue was reported as USD 614.0 million, a massive 30600.0% increase compared to the same period in the previous year. However, net income decreased by 10.5% to USD 25039.0 million from the same period one year prior.
Stock Price
On Thursday, DELL TECHNOLOGIES reported its financial results for the fourth quarter of FY2023, ending January 31, 2023. The stock opened at $40.2 and closed at the same price, down 0.7% from its previous closing price of $40.4. Overall, DELL TECHNOLOGIES performance in Q4 FY2023 was impressive, with the company delivering strong growth across all areas of its business.
This indicates that the company is well-positioned to continue its growth trajectory in the near term. Investors should be encouraged by the company’s performance and optimistic about its future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dell Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 102.3k | 2.44k | 2.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dell Technologies. More…
| Operations | Investing | Financing |
| 3.56k | -3.02k | -1.62k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dell Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 89.61k | 92.64k | -4.83 |
Key Ratios Snapshot
Some of the financial key ratios for Dell Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.5% | 30.1% | 5.6% |
| FCF Margin | ROE | ROA |
| 0.5% | -109.4% | 4.0% |
Analysis
At GoodWhale, we have done a comprehensive analysis of DELL TECHNOLOGIES in terms of their wellbeing. Our Risk Rating indicates that DELL TECHNOLOGIES is a medium risk investment, both in terms of financial and business performance. In our analysis of their income statement and balance sheet, we have identified two risk warnings which we believe DELL TECHNOLOGIES should take note of. To find out more about these risks, register with us on our website today. We can provide you with further information and help you make an informed decision on investing in DELL TECHNOLOGIES. More…
Peers
In the technology industry, competition is fierce. Companies are constantly trying to one-up each other with new products and features. This is especially true for Dell Technologies Inc and its competitors: VMware Inc, NetApp Inc, and HP Inc. These companies are constantly trying to outdo each other, and it makes for an exciting and ever-changing landscape.
– VMware Inc ($NYSE:VMW)
VMWare Inc. is a publicly traded software company headquartered in Palo Alto, California. It was founded in 1998 and provides virtualization software for x86-64 computers. VMWare’s primary product is its hypervisor, which creates virtual machines on which other operating systems can be installed. VMWare also offers cloud computing, networking, and security products.
VMWare has a market capitalization of $45.57 billion as of 2022. The company’s return on equity is -1025.37%. VMWare provides virtualization software for x86-64 computers. The company’s primary product is its hypervisor, which creates virtual machines on which other operating systems can be installed. VMWare also offers cloud computing, networking, and security products.
– NetApp Inc ($NASDAQ:NTAP)
NetApp, Inc. is a leading data management, cloud storage, and data backup company. It has a market cap of 13.54B as of 2022 and a ROE of 100.42%. The company’s products and services are used by major corporations and governments around the world.
– HP Inc ($NYSE:HPQ)
HP Inc is a technology company that provides personal computing and other services. The company has a market cap of $25.64 billion and a return on equity of -225.66%. HP Inc is a leading provider of personal computing and other technology services. The company offers a wide range of products and services, including PCs, printers, scanners, and more. HP Inc is a publicly traded company listed on the New York Stock Exchange.
Summary
Despite this, net income decreased 10.5% from the same period a year prior. Investors should examine the company’s fundamentals, such as revenue growth trends and margin levels, to gain more insight into its performance. Additionally, DELL TECHNOLOGIES‘ capital structure and leverage should be reviewed to gain an understanding of the company’s financial position and outlook. Overall, DELL TECHNOLOGIES is an appealing investment opportunity for investors interested in high-growth technology stocks.
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