Dell Technologies Delivers Fourth Quarter and Full Year Fiscal 2023 Financial Results

 

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



Three Months Ended




Fiscal Year Ended




February 3,
2023


January 28,
2022


Change


February 3,
2023


January 28,
2022


Change

Net income (loss) from continuing operations

$             606


$              (29)


NM


$          2,422


$          4,942


(51) %

Non-GAAP adjustments:












Amortization of intangibles

238


323




970


1,641



Impact of purchase accounting

11


20




44


67



Transaction-related (income) expenses

(14)


1,492




(16)


(2,143)



Stock-based compensation expense

228


216




931


808



Other corporate expenses

392


45




1,812


337



Fair value adjustments on equity investments

9


(192)




206


(572)



Aggregate adjustment for income taxes

(148)


(485)




(642)


(156)



Non-GAAP net income

$          1,322


$          1,390


(5) %


$          5,727


$          4,924


16 %













Net income (loss) from continuing operations
attributable to Dell Technologies Inc.

$             614


$              (28)


NM


$          2,442


$          4,948


(51) %

Non-GAAP adjustments:












Amortization of intangibles

238


323




970


1,641



Impact of purchase accounting

11


20




44


67



Transaction-related (income) expenses

(14)


1,492




(16)


(2,143)



Stock-based compensation expense

228


216




931


808



Other corporate expenses

392


45




1,812


337



Fair value adjustments on equity investments

9


(192)




206


(572)



Aggregate adjustment for income taxes

(148)


(485)




(642)


(156)



Total non-GAAP adjustments attributable
to non-controlling interests

(6)


(1)




(13)


(7)



Non-GAAP net income attributable to
Dell Technologies Inc.

$          1,324


$          1,390


(5) %


$          5,734


$          4,923


16 %


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  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
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, 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