Dell Q2 Earnings: Revenue, EPS Beat Estimates As AI Solutions Shipments Boom

Dell Technologies Inc (NYSE:DELL) reported second-quarter financial results after the market close on Thursday. Here’s a look at the key highlights from the quarter.

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Q2 Highlights: Dell reported second-quarter revenue of $29.78 billion, beating the consensus estimate of $29.17 billion, according to Benzinga Pro. The company reported second-quarter adjusted earnings of $2.32 per share, beating analyst estimates of $2.31 per share.

Total revenue was up 19% on a year-over-year basis. Here’s a breakdown of revenue by category.

Servers and Networking: $12.9 billion, up 69% year-over-year

Storage: $3.9 billion, down 3% year-over-year

Commercial Client: $10.8 billion, up 2% year-over-year

Consumer: $1.7 billion, down 7% year-over-year

Cash flow from operations ...