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ROUND ROCK, Texas (AP) — ROUND ROCK, Texas (AP) — Dell Technologies Inc. (DELL) on Thursday reported fiscal fourth-quarter net income of $614 million.
On a per-share basis, the Round Rock, Texas-based company said it had profit of 84 cents. Earnings, adjusted for non-recurring costs and stock option expense, were $1.80 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.
The computer and technology services provider posted revenue of $25.04 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $22.82 billion.
For the year, the company reported profit of $2.44 billion, or $3.24 per share. Revenue was reported as $102.3 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a DELL">Zacks stock report on DELL at https://www.zacks.com/ap/DELL