Dell Inc has said its third-quarter earnings would fall within the low-end of its forecast on slower-than-expected PC sales.
The Round Rock, Texas-based company said it expects to post earnings of 39 cents per share on $13.9bn in revenue. Initially, Dell had guided for between $14.1bn to $14.5bn for the quarter.
The revenue shortfall was driven, in part, by the company’s US consumer and UK business sales, which fell short of expectations, according to a brief company statement.
The company continues to refocus on higher value products and services while optimizing profitability, the firm said.
Dell also said it would take a $450m charge in its third quarter, or about 14 cents a share, for having to replace or repair a part in some OptiPlex desktop systems, as well as other items.
Shares in the company fell 3.6% to $30.71 in after-hours trading on the Nasdaq following the announcement.