(PRNewswire) —                                                     

News summary:

• Second quarter revenue of $19.3 billion, non-GAAP revenue of $19.6 billion
• Operating loss of $1.0 billion, non-GAAP operating income of $1.6 billion
• Cash flow from operations of $1.8 billion
• Today marks first anniversary of historic merger between Dell and EMC

Full story

Dell Technologies (NYSE: DVMT) announces its fiscal 2018 second quarter results¹. For the second quarter, consolidated revenue was $19.3 billion and non-GAAP revenue was $19.6 billion. During the quarter, the company generated an operating loss of $1.0 billion, with non-GAAP operating income of $1.6 billion. The company generated cash flow from operations of $1.8 billion.

"Today we celebrate one year since the historic combination between Dell and EMC. We've experienced great progress in bringing together our family of businesses and offering our customers and partners the most comprehensive set of solutions," said Tom Sweet, chief financial officer, Dell Technologies. "In the second quarter, we generated strong cash flow and made progress on our de-levering goal. We were pleased with the growth velocity of our client, server, hyperconverged and all-flash array offerings. We have the right strategy, portfolio and investments in place to deliver long-term growth."

Since Sept. 7, 2016, Dell Technologies has delivered significant results, including:

• Combining two great companies, creating the essential IT infrastructure company with more than 140,000 employees
• Combining two salesforces into one powerful go-to-market motion and creating an integrated channel program, both of which are driving velocity and revenue synergies across all segments
• Expansion of the Dell Financial Services (DFS) portfolio, now the exclusive originator of Dell EMC business and the VMware preferred finance partner
• Industry leadership in newer and fast-growing categories, including all-flash and hyperconverged infrastructure

Fiscal second quarter 2018 results