In the most recent analyst meeting, Dell Technologies reported non-GAAP revenue of $27.8 billion, a 9% increase from the previous period. The company also disclosed non-GAAP operating income of $3.2 billion, representing a 15% growth compared to the prior period.
Furthermore, Dell Technologies reported non-GAAP net income attributable to the company of $1.8 billion, reflecting a 13% increase from the previous period. Additionally, the non-GAAP diluted earnings per share (EPS) stood at $2.05, marking a 15% increase year-over-year.
The company's adjusted free cash flow generation was reported at $2.4 billion, showing a 20% increase from the prior period. Moreover, Dell Technologies disclosed adjusted free cash flow (FCF) of $2.1 billion and adjusted free cash flow excluding VMware of $1.6 billion, showcasing a 24% and 23% growth respectively compared to the previous period.
In terms of long-term capital return to stockholders through share repurchases or dividends, Dell Technologies reaffirmed its commitment. These financial metrics demonstrate the company's continued focus on growth and financial performance in the specified period. Following these announcements, the company's shares moved 3.57%, and are now trading at a price of $145.76. If you want to know more, read the company's complete 8-K report here.
