Dell may be growing at a respectable clip, but there was some disappointment with its outlook following the announcement of its third-quarter financial results.
The PC maker, which has been struggling to reinvent itself for the best part of the year, reported revenue up 9% at $15.6bn, with net income up 13% at $766m.
Earnings per share was $0.34, or $0.35 without certain expenses, which matched analysts’ predictions.
But operating expenses were up, and comments Michael Dell made to analysts after the announcement indicated a road to recovery that may be longer than hoped.
Dell’s shares had fallen almost 10%, to $25.36, in after-hours trading.