Dell Technologies Reports Fiscal Year 2020 Fourth Quarter and Full Year Financial Results

 

DELL TECHNOLOGIES INC.
Reconciliation of Selected Non-GAAP Financial Measures
(in millions, except percentages; unaudited; continued on next page)



Three Months Ended




Fiscal Year Ended




January 31,
2020


February 1,
2019


Change


January 31,
2020


February 1,
2019


Change

Net revenue

$

24,032



$

23,841



1%


$

92,154



$

90,621



2%

Non-GAAP adjustments:












Impact of purchase
accounting

97



167





347



703




Non-GAAP net revenue

$

24,129



$

24,008



1%


$

92,501



$

91,324



1%













Gross margin

$

7,684



$

7,109



8%


$

28,933



$

25,053



15%

Non-GAAP adjustments:












Amortization of intangibles

526



729





2,081



2,883




Impact of purchase accounting

98



171





353



720




Transaction-related expenses



(26)





(5)



213




Stock-based compensation
expense

38



37





129



91




Other corporate expenses

29



17





72



62




Non-GAAP gross margin

$

8,375



$

8,037



4%


$

31,563



$

29,022



9%













Operating expenses

$

6,967



$

6,778



3%


$

26,311



$

25,244



4%

Non-GAAP adjustments:












Amortization of intangibles

(548)



(815)





(2,327)



(3,255)




Impact of purchase accounting

(14)



(19)





(58)



(100)




Transaction-related expenses

(120)



(339)





(290)



(537)




Stock-based compensation
expense

(338)



(210)





(1,133)



(827)




Other corporate expenses

(339)



(14)





(1,088)



(357)




Non-GAAP operating
expenses

$

5,608



$

5,381



4%


$

21,415



$

20,168



6%













Operating income (loss)

$

717



$

331



117%


$

2,622



$

(191)



NM

Non-GAAP adjustments:












Amortization of intangibles

1,074



1,544





4,408



6,138




Impact of purchase accounting

112



190





411



820




Transaction-related expenses

120



313





285



750




Stock-based compensation
expense

376



247





1,262



918




Other corporate expenses

368



31





1,160



419




Non-GAAP operating
income

$

2,767



$

2,656



4%


$

10,148



$

8,854



15%


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »
Featured Video
Jobs
GPU Design Verification Engineer for AMD at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise