_dell-technologies-surpasses-expectations-boosts-full-year-revenue-guidance-as-ai-optimized-server-orders-drive-growth.jpg "Dell Technologies Surpasses Expectations, Boosts Full-Year Revenue Guidance as AI-Optimized Server Orders Drive Growth from 18 14 or Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 1.2M times
✓ Published: 01-Jun-2024
👁 View: 1.2M times
✓ Published: 01-Jun-2024
Description:
Dell Technologies exceeded analysts' expectations for fiscal first-quarter revenue and earnings and raised its full-year revenue guidance. Dell's AI-optimized server orders increased significantly but the company's gross margins declined due to competitive pricing and a higher mix of AI servers. Dell's AI server backlog is primarily made up of orders for Nvidia-based servers as the company works through supply chain issues. The backlog also includes large cloud customers. Extended trading saw Dell's stock price drop over 18% following the earnings call.
Dell Technologies exceeded analysts' expectations for fiscal first-quarter revenue and earnings and raised its full-year revenue guidance. Dell's AI-optimized server orders increased significantly but the company's gross margins declined due to competitive pricing and a higher mix of AI servers. Dell's AI server backlog is primarily made up of orders for Nvidia-based servers as the company works through supply chain issues. The backlog also includes large cloud customers. Extended trading saw Dell's stock price drop over 18% following the earnings call.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_proverbs-1814-124-a-wounded-spirit-who-can-bear-124-daily-manna.webp "Finney Samuel - English")
_it-sucks-on-the-hit-cbs-series-blue-bloods.webp "Watch the official \")
_the-mountain-goats-enoch-1814.webp "FeastWhenYouCan")
_mtv-splitsvilla-x5-124-episode-21-amp-22-124-promo-124-this-weekend.webp "Fully Faltoo")
_matthew-18-part-2-5-14-the-good-shepherd.webp "Calvary Chapel Ontario")
_how-to-simplify-the-fraction-14-18.webp "MagnetsAndMotors (Dr. B's Other Channel)")
_general-well-2024-episode-14.webp "General Well (2024) Episode 14")
_hell39s-kitchen-u-s-uncensored-season-18-episode-14-full-episode.webp "Kitchen Nightmares - Full Episodes")
⏲ 43 minutes 9 seconds 👁 312.8K
_proverbs-1814-124-a-wounded-spirit-who-can-bear-124-daily-manna.jpg)
_it-sucks-on-the-hit-cbs-series-blue-bloods.jpg)
_the-mountain-goats-enoch-1814.jpg)
_mtv-splitsvilla-x5-124-episode-21-amp-22-124-promo-124-this-weekend.jpg)
_matthew-18-part-2-5-14-the-good-shepherd.jpg)
_how-to-simplify-the-fraction-14-18.jpg)
_general-well-2024-episode-14.jpg)
_hell39s-kitchen-u-s-uncensored-season-18-episode-14-full-episode.jpg)
![[+]](/images/menu.gif){kind=small}