Dell Announces Q2 FY13 Results With Revenue Of $14.5 Billion, Operating Income Was $901 Million, EPS Was $0.42

Posted on Aug 21 2012 - 8:04pm by Editorial Staff

Dell today announced its second quarter fiscal year 2013 results with revenue of $14.5 billion, GAAP operating income of $901 million, and earnings of $0.42 per share. GAAP operating income for the quarter was $901 million, or 6.2 percent of revenue. Non-GAAP operating income was $1.1 billion, or 7.8 percent of revenue.

GAAP earnings per share in the quarter were 42 cents, down 13 percent from the previous year; non-GAAP EPS was 50 cents, down 7 percent. Cash flow from operations in the quarter was $637 million. Dell ended the quarter with $14.6 billion in cash and investments.

“We’re transforming our business, not for a quarter or a fiscal year, but to deliver differentiated customer value for the long term,” said Michael Dell, chairman and CEO. “We’re clear on our strategy and we’re building a leading portfolio of solutions to help our customers achieve their goals.”

The company announced that Marius Haas, a 20-year industry veteran, has joined the company as president of Enterprise Solutions, responsible for worldwide engineering, design, development and marketing of Dell enterprise products, including servers, networking and storage systems.

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