ReutersAug 30, 2019 03:16:27 IST
(Reuters) - Dell Technologies Inc
The PC-maker returned to the stock market following a hiatus of six years in December last year after it bought back interest in software maker VMware
This allowed Dell to come back without the rigors of an initial public offering after it won backing from shareholders, including Carl Icahn.
Dell reported a 6% jump in revenue in its client solutions business which makes desktop PCs, notebooks and tablets, and branded peripherals. Sales surged to $11.75 billion from $11.13 billion.
Dell posted net income of $4.51 billion in the second quarter ended Aug. 2, compared with loss of $461 million a year earlier.
Excluding items, the company earned $2.15 per share, above the average analyst estimate of $1.47 cents per share.
Total revenue rose 2% to $23.37 billion.
(Reporting by Neha Malara in Bengaluru; Editing by Maju Samuel and Shailesh Kuber)
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