Hey Guys,
Did you see the beat??? Naysayers said so and so. They still are at it with the eminent collapse.
I told you guys not to worry.
No layoffs thru July.
MMcfly
5 replies (most recent on top)
If you read and listened to the guidance, more of the same to be expected. More cost optimization. More WFRs. Headcount reduction was explicitly called out as one of the levers pulled in Q1. They’ll do same for Q2 and 2H, guaranteed.
Stock DOWN in after hours trading not good!
What a mess. Will be bloody. ELT should be WFR first....useless
The reality:
https://www.prnewswire.com/news-releases/dell-technologies-delivers-first-quarter-fiscal-2024-financial-results-301840591.html%23:~:text=Dell%20Technologies%20(NYSE:%20DELL),%25%20and%2025%25,%20respectively./
Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2024 first quarter. Revenue was $20.9 billion, down 20%. The company generated operating income of $1.1 billion and non-GAAP operating income of $1.6 billion, down 31% and 25%, respectively. Diluted earnings per share was $0.79, and non-GAAP diluted earnings per share was $1.31, down 42% and 29%, respectively. Cash flow from operations was $1.8 billion.
The only beat is you beating ourself off to pictures of Mike Dell.
People are tired of of the sh-t.
Good luck with Tell Dell.
Just goes to show how far management are removed from staff.