Dell Stock Rises On Q3 Sales, Earnings Beat
Computer maker Dell Technologies (DELL) late Monday beat Wall Street’s targets for its fiscal third quarter thanks to strong sales of servers and other enterprise hardware. Dell stock surged in extended trading.
The Round Rock, Texas-based company earned an adjusted $2.30 a share on sales of $24.72 billion in the quarter ended Oct. 28. Analysts polled by FactSet had predicted Dell earnings of $1.60 a share on sales of $24.37 billion. On a year-over-year basis, Dell earnings rose…