Dell Computer profit doubled in 3rd period

Article Abstract:

Dell Computer Corp more than doubles its sales and profits for 3rd qtr FY 1993, ending Nov 1, from the year-earlier period. Net profit was $28.6 million, or 72 cents per share, on sales of $570 million, compared to a net of $13 million, or 35 cents per share, on sales of $229.3 million in 3rd qtr 1992. The company's profit margin rose from 4.8 percent in the 2nd qtr FY 1993 to 5 percent despite a ferocious industry-wide price war. The robust results surpassed analysts' expectations, driving up Dell stock $2.125 to $38.375 per share on Nov 19, 1992, the day the results are released. Analysts attribute much of Dell's success to market share taken away from low-cost rivals such as Zeos International Ltd and Everex Systems Inc. But the company is also wresting business from such top-tier rivals as IBM.

Growth (Physiology), Growth, Third Quarter

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Dell Computer net fell in its 4th period but topped forecasts

Article Abstract:

Dell Computer Corp reports net income of $1.1 million for 4th qtr 1989, down from $3.3 million one year ago. The 67 percent decrease in earnings is still encouraging because it is only half of what many analysts expected. The company attributed the decline to high-cost inventories, the cost of expanding international sales, product introduction delays and research and development expenses. For the year net income is $5.1 million on sales of $388.6 million, compared with net income of $14.4 million on sales of $257.8 million for the previous year. The sales increase is encouraging to analysts who say it demonstrates that Dell is gaining market share with its low-priced IBM clones. Dell also plans three new products for the middle of 1990 based on the Intel 80486 microprocessor.

Profits, Financial Analysis Software, Computer Industry, Profit

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Dell Computer results surged in its 4th period

Article Abstract:

Mail-order PC vendor Dell Computer Corp reports earning $31.3 million, or 77 cents per share, on sales of $620.3 million for 4th qtr FY 1993, ending Jan 31. In 4th qtr FY 1992, Dell posted earnings of $15.4 million, or 41 cents per share, on sales of $285.7 million. For FY 1992, Dell posts net income of $101.6 million, or $2.59 per share, on sales of $2.01 billion, up from income of $50.9 million, or $1.40 per share, on $889.9 million in sales for FY 1992. Analysts say the results indicate that a few big vendors are continuing to take market share from smaller competitors. Analysts express concern that Dell may not meet its traditional profit margin of 5 percent in FY 1994. Dell Computer Chmn and CEO Michael S. Dell predicts revenue growth of about 70 percent in FY 1994.

Annual Report

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