Dell Technologies Inc (NYSE:DELL) shares are trading lower by 10.10% to $43.06 Friday morning after the company reported worse-than-expected second-quarter sales results.
What Happened?
Dell Technologies reported second-quarter FY23 revenue growth of 9% year-over-year to $26.4 billion, with growth across client and infrastructure business units and missing the consensus of $26.55 billion.
Recurring revenue for the second-quarter was ~$5.2 billion, up 8% Y/Y… Read More
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According to data from Benzinga Pro, Dell Technologies has a 52-week high of $61.54 and a 52-week low of $38.32.
