Dell Sales Top Estimates as Company Prepares for Buyout
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Dell Inc., the personal-computer maker planning to go private in a $24.4 billion deal, reported sales and profit that topped analysts’ estimates, reflecting server and software demand from companies even as PC sales drop.
Revenue fell 11 percent to $14.3 billion in the fiscal fourth-quarter that ended in January, exceeding the $14.1 billion average estimate of analysts, according to data compiled by Bloomberg. Earnings excluding certain items declined to 40 cents a share, compared with analysts’ 39-cent estimate.