
Tech hardware giant Dell Technologies Inc. (DELL) is set to release its fiscal 2024 third-quarter results on November 30. The company is expected to benefit from the generative Artificial Intelligence (AI) boom as big tech increasingly invests in it. The company also expects a demand boost for its PowerEdge servers.
The company also forecasted its third-quarter revenue to be between $22.5 billion and $23.5 billion, higher than the analyst-estimated figure of $21.67 billion. Its expected EPS of about $1.45 also topped the $1.38 estimate.