Dell’s quarterly earnings fell short of Wall Street expectations this week, leading to more questions about whether or not shareholders will accept Michael Dell’s buyout offer and regroup as a private company. The PC maker reported a net income of $130 million, or 7 cents per share, during its most recent quarter. If not for certain items, Dell said it would have brought in $372 million, or 21 cents per share, for the past quarter, a 51 percent slide from the same time a year earlier.
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Dell's Weak Q1 Earnings Throw Fuel on Buyout Fire
Posted by: Rachelle Dragani May 17, 2013 10:31 AMDell’s quarterly earnings fell short of Wall Street expectations this week, leading to more questions about whether or not shareholders will accept Michael Dell’s buyout offer and regroup as a private company. The PC maker reported a net income of $130 million, or 7 cents per share, during its most recent quarter. If not for certain items, Dell said it would have brought in $372 million, or 21 cents per share, for the past quarter, a 51 percent slide from the same time a year earlier.