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Dell’s Sales Top Estimates on Strong Office PC Growth

  • Revenue jumps 16% to $26.1 billion led by commercial PC sales
  • Hardware maker sees sales increases across its business lines
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Dell Technologies Inc. surged the most in two years after reporting quarterly revenue that topped analysts estimates on strong demand for business PCs and networking services, a sign that companies have been upgrading their systems as workers return to the office. 

The shares jumped 13% to $49.58 at the close Friday in New York, the largest single-day rally since March 2020. Dell’s stock has fallen about 12% this year, which is less than many of its tech-sector peers.