The session into Dell's results saw a 6.8% slide, but Dell Technologies shares closed at $425 on Tuesday ahead of the release, then jumped nearly 11% by Wednesday morning after the company raised its fiscal 2027 revenue forecast by $25 billion.
The quarter itself was not weak. Fiscal second-quarter revenue reached $46.97 billion, up 58% year on year, while adjusted diluted earnings per share came in at $7.04 against Wall Street estimates of $44.92 billion in revenue and $4.91 in adjusted EPS.
