Dell Technologies Delivers Second Quarter Fiscal 2024 Financial Results

 

SUPPLEMENTAL SELECTED NON-GAAP FINANCIAL MEASURES

These tables present information about the Company's non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income attributable to Dell Technologies Inc., non-GAAP earnings per share attributable to Dell Technologies Inc. - basic, and non-GAAP earnings per share attributable to Dell Technologies Inc. - diluted, which are non-GAAP financial measures provided as a supplement to the results provided in accordance with generally accepted accounting principles in the United States of America ("GAAP"). A detailed discussion of Dell Technologies' reasons for including these non-GAAP financial measures, the limitations associated with these measures, the items excluded from these measures, and our reason for excluding those items are presented in "Management's Discussion and Analysis of Financial Condition and Results of Operations — Non-GAAP Financial Measures" in our periodic reports filed with the SEC. Dell Technologies encourages investors to review the non-GAAP discussion in these reports in conjunction with the presentation of non-GAAP financial measures.

DELL TECHNOLOGIES INC.
Selected Financial Measures
(in millions, except per share amounts and percentages; unaudited)



Three Months Ended




Six Months Ended




August 4, 2023


July 29, 2022


Change


August 4, 2023


July 29, 2022


Change

Net revenue (a)

$ 22,934


$ 26,425


(13) %


$    43,856


$    52,541


(17) %

Non-GAAP gross margin

$   5,536


$   5,650


(2) %


$    10,700


$    11,591


(8) %

% of non-GAAP net revenue

24.1 %


21.4 %




24.4 %


22.1 %



Non-GAAP operating expenses

$   3,559


$   3,698


(4) %


$      7,125


$      7,504


(5) %

% of non-GAAP net revenue

15.5 %


14.0 %




16.2 %


14.3 %



Non-GAAP operating income

$   1,977


$   1,952


1 %


$      3,575


$      4,087


(13) %

% of non-GAAP net revenue

8.6 %


7.4 %




8.2 %


7.8 %



Non-GAAP net income

$   1,283


$   1,266


1 %


$      2,246


$      2,700


(17) %

% of non-GAAP net revenue

5.6 %


4.8 %




5.1 %


5.1 %



Non-GAAP earnings per share - diluted

$     1.74


$     1.68


4 %


$        3.05


$        3.52


(13) %









(a)

Effective in the first quarter of Fiscal 2023, non-GAAP net revenue no longer differs from net revenue, the most comparable GAAP financial measure.




Amounts are based on underlying data and may not visually foot due to rounding.


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »
Featured Video
Latest Blog Posts
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
ESD Alliance Member Companies at DAC
Jobs
Senior Post Silicon Hardware Engineer for Nvidia at Santa Clara, California
Senior DPU System Application Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Upcoming Events
SemiconWest - 2024 at Moscone Center San Francisco CA - Jul 9 - 11, 2024
Flash Memory 2024 Conference & Expo FMS2024 at Santa Clara Convention Center Santa Clara CA - Aug 6 - 8, 2024
SEMICON Taiwan 2024 at Taipei Nangang Exhibition Center Taipei Taiwan - Sep 4 - 6, 2024



© 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