Earnings call transcript: Dell beats Q2 2027 estimates, shares rebound after hours
Dell Technologies reported stronger-than-expected fiscal second-quarter results, with adjusted earnings of $7.04 a share and revenue of $47.0 billion, surpassing Wall Street estimates. The company's AI server orders reached $60.9 billion, with a record backlog of $95 billion. Revenue rose 58% from a year earlier, and net income and operating profit surged due to booming AI server demand, stronger storage sales, and operating leverage. Shares rebounded after hours, suggesting investors welcomed the beat and higher outlook.
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