Dell announced its fiscal fourth quarter and full year results with revenue of $14.3 billion for the quarter and $56.9 billion for the year. The company saw the revenue from enterprise solutions and services grew 6 percent in the quarter to $5.2 billion and were $19.4 billion, or 34 percent of Dell revenue for the fiscal year, a 4 percent gain over fiscal year 2012.
The GAAP operating income for the quarter was $698 million or 4.9 percent of revenue while non-GAAP operating income was $954 million, or 6.7 percent of revenue. For the fiscal year, GAAP operating income was $3 billion and non-GAAP operating income was $4 billion. GAAP earnings per share in the quarter were 30 cents, down 30 percent from the previous year; non-GAAP EPS was 40 cents, down 22 percent.
“We continued to execute our long-term strategy in Q4, and realized a 6 percent increase in our enterprise solutions and services business,” said Brian Gladden, Dell CFO. “We also continued to generate strong cash flow from operations of $1.4 billion in the quarter. Our strong balance sheet and cash position enabled the company to invest almost $5 billion in new capabilities and intellectual property this fiscal year.”