Dell reported another quarter with a drop in sales and profits, but its Q4 earnings Tuesday did beat analyst expectations, thereby putting a hotter spotlight on the computer maker’s proposed $24.4 billion leveraged buyout deal. The company reported a net income of $530 million, or 30 cents per share, a 31 percent drop from the same time a year ago. Its revenue for its most recent quarter totaled $14.3 billion, down 11 percent from a year earlier. The drop was not as much as analysts had expected from the struggling PC maker.
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Dell's Q4 Earnings Beat Estimates, Stoke Buyout Debate
Posted by: Rachelle Dragani February 20, 2013 01:56 PMDell reported another quarter with a drop in sales and profits, but its Q4 earnings Tuesday did beat analyst expectations, thereby putting a hotter spotlight on the computer maker’s proposed $24.4 billion leveraged buyout deal. The company reported a net income of $530 million, or 30 cents per share, a 31 percent drop from the same time a year ago. Its revenue for its most recent quarter totaled $14.3 billion, down 11 percent from a year earlier. The drop was not as much as analysts had expected from the struggling PC maker.