November 29, 2018 / 9:46 PM / 20 days ago

REFILE-Dell posts 15 pct rise in revenue on strong PC sales

(Refiles to add dropped word in headline)

Nov 29 (Reuters) - Dell Technologies Inc posted a 15 percent rise in quarterly revenue on Thursday, helped by businesses upgrading their systems ahead of Microsoft pulling the plug on Windows 7 support.

However, net loss attributable to Dell Technologies widened to $876 million in the third quarter ended Nov. 2, from $846 million a year earlier.

Loss per share remained unchanged at $1.84 per share.

Revenue rose to $22.48 billion from $19.56 billion.

Dell is buying back shares tied to its interest in software maker VMware, looking to return to the stock market without a traditional initial public offering.

Reporting by Vibhuti Sharma in Bengaluru; Editing by Sriraj Kalluvila

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below