Dell Technologies Inc. Reports Q2 2023 Financial Results
Net Income Slips, but Revenue Remains Steady
By USInMinutes
Published - Sep 01, 2023, 01:37 PM ET
Last Updated - Sep 01, 2023, 01:37 PM EDT
Dell Technologies Inc. (DELL) has released its financial r esults for the second quarter of 2023, revealing a dip in net income but maintaining steady revenue. The company, a global leader in information technology and services, posted a net income of $455 million for the quarter, compared to $506 million in the same period last year. However, revenue remained resilient at $8.6 billion. Let's delve deeper into the financial data to understand the dynamics at play.
Net Income/ Loss
Net Income Comparisons
Dell Technologies' net income for the second quarter of 2023 was $455 million, marking a decline from $506 million in the same period in 2022. This decrease in net income can be attributed to various factors, including increased expenses and adjustments.