Networking Helps $DELL to Beat Estimates, Revenues Fall by 11%

Source

“NEW YORK (TheStreet) — Dell (DELL_) reported fourth-quarter results that beat Wall Street estimates after market close, snapping a string of misses

The Round Rock, Texas-based company reported fourth-quarter non-GAAP earnings of 40 cents a share on $14.3 billion in revenue, down 11% year-over-year, but up 4% over the previous quarter. The company noted that networking was strong, with revenue from this segment growing 42%.

Analysts polled by Thomson Reuters were looking for earnings of 39 cents a share on $14.1 billion in revenue.”