Dell Technologies revenue increases 9%

Dell Technologies at MWC 2017
Dell Technologies reported revenue of $21.9 billion (+9 percent) with operating loss of $321 million in its fiscal 2018 fourth quarter.

Dell Technologies’ consolidated revenue was $78.7 billion with operating loss of $3.3 billion in fiscal 2018.

Tom Sweet, chief financial officer, Dell Technologies, said: “In fiscal 2019 we’ll continue to execute our long-term strategy, capitalizing on our broad portfolio of solutions for customers at every stage of the digital transformation journey.”

Dell Technologies in Q4

Dell Technologies’ Client Solutions Group revenue rose 8 percent to $10.6 billion with 9 percent growth in Commercial revenue to $7.3 billion and 6 percent increase in Consumer revenue to $3.3 billion.

Dell Technologies’ Infrastructure Solutions Group revenue rose 5 percent to $8.8 billion — driven by 27 percent increase in  servers and networking to $4.6 billion and $4.2 billion in storage.

Dell Technologies said Infrastructure Solutions Group revenue for the full year was $30.7 billion, with servers and networking revenue at $15.4 billion and storage revenue at $15.3 billion.

VMware revenue for the fourth quarter increased 20 percent to $2.3 billion, with 48 percent surge in operating income to $834 million.

Revenue from other businesses, including Pivotal, RSA, Secureworks and Virtustream grew 3 percent to $492 million in Q4.

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