Report
Mark Cash
EUR 100.00 For Business Accounts Only

Dell Technologies Sees Growth in Hybrid Clouds

No-moat Dell Technologies' 2.6% year-over-year revenue growth was below our expectations as the company suffered from headwinds in the server market. Dell Technologies sacrificed sales for profitability and positively surprised us with a 2.5% GAAP operating margin (10% non-GAAP) and GAAP EPS of $0.38 ($1.45 non-GAAP) in the quarter. The slowdown in servers was worse than Dell Technologies expected as it contended with fierce pricing competition in a few large-scale bids and in China. The company...
Underlying
Dell Technologies Inc Class C

Dell Technologies is a holding company. Through its subsidiaries, the company designs, develops, manufactures, markets, sells, and supports a range of products and services. The company's reportable segments are: Infrastructure Solutions Group, which includes servers, networking, and storage, as well as services and third-party software and peripherals; Client Solutions Group, which includes desktops, thin client products, and notebooks, as well as services and third-party software and peripherals; and VMware, which provides compute, cloud management, networking and security, storage and availability, and other end-user computing offerings.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Mark Cash

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