Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Dell Q2 Revenue Up 20 Percent
Aug 13, 2004
 Printable format
 Email this Article
 Search

Computer maker Dell announced favorable results for the company's fiscal second quarter 2005, which ended July 30.

Dell reported that revenue for the quarter was U.S. $11.7 billion, a company record and 20 percent higher than in the same quarter a year ago. Sales in Europe, the Middle East, and Africa and in Asia-Pacific and Japan rose 30 and 29 percent, respectively. Combined revenue for enterprise systems, including servers and storage systems, accounted for 22 percent of overall sales, matching a company high.

Earnings per share were $0.31, 29 percent higher and also a Dell record. Results were consistent with revised company guidance in mid-July, which included an increase in earnings expectations.

"We start with the marketplace advantage of a more efficient, more customer-focused way of doing business," said Kevin Rollins, Dell's CEO. "And our global team is consistently disciplined in applying that business model. Like our shareholders, our expectation is for volume and share growth along with solid profitability. Those objectives aren't mutually exclusive."

According to Mr. Rollins, Dell's third-quarter product shipments should be 21 percent higher than in the same year-ago period. Such growth is expected to produce quarterly revenue of about $12.5 billion, up 18 percent, and earnings per share of $0.33, a 27-percent increase.

In the most-recent quarter, operating expenses were 9.6 percent of revenue, equaling a company low. Operating profit as a percent of revenue was 8.6 percent, up from 8.4 percent in the year's first quarter. Dell said it generated more than $700 million in cash from operations during the period, at the end of which company cash and investments totaled $11.8 billion.

Back to Daily News

 

Daily News

...........................................................

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows