Dell Technologies Delivers Third Quarter Fiscal 2024 Financial Results

 

SUPPLEMENTAL SELECTED NON-GAAP FINANCIAL MEASURES

These tables present information about the Company's non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income attributable to Dell Technologies Inc., non-GAAP earnings per share attributable to Dell Technologies Inc. - basic, and non-GAAP earnings per share attributable to Dell Technologies Inc. - diluted, which are non-GAAP financial measures provided as a supplement to the results provided in accordance with generally accepted accounting principles in the United States of America ("GAAP"). A detailed discussion of Dell Technologies' reasons for including these non-GAAP financial measures, the limitations associated with these measures, the items excluded from these measures, and our reason for excluding those items are presented in "Management's Discussion and Analysis of Financial Condition and Results of Operations — Non-GAAP Financial Measures" in our periodic reports filed with the SEC. Dell Technologies encourages investors to review the non-GAAP discussion in these reports in conjunction with the presentation of non-GAAP financial measures.

 

DELL TECHNOLOGIES INC.
Selected Financial Measures
(in millions, except per share amounts and percentages; unaudited)



Three Months Ended




Nine Months Ended




November 3, 2023


October 28, 2022


Change


November 3, 2023


October 28, 2022


Change

Net revenue (a)

$   22,251


$  24,721


(10) %


$   66,107


$ 77,262


(14) %

Non-GAAP gross margin

$     5,276


$    5,865


(10) %


$   15,976


$ 17,456


(8) %

% of non-GAAP net revenue

23.7 %


23.7 %




24.2 %


22.6 %



Non-GAAP operating expenses

$     3,312


$    3,485


(5) %


$   10,437


$ 10,989


(5) %

% of non-GAAP net revenue

14.9 %


14.1 %




15.8 %


14.2 %



Non-GAAP operating income

$     1,964


$    2,380


(17) %


$     5,539


$   6,467


(14) %

% of non-GAAP net revenue

8.8 %


9.6 %




8.4 %


8.4 %



Non-GAAP net income

$     1,389


$    1,705


(19) %


$     3,635


$   4,405


(17) %

% of non-GAAP net revenue

6.2 %


6.9 %




5.5 %


5.7 %



Non-GAAP earnings per share - diluted

$       1.88


$      2.30


(18) %


$       4.93


$     5.81


(15) %










(a)

Effective in the first quarter of Fiscal 2023, non-GAAP net revenue no longer differs from net revenue, the most comparable GAAP financial measure.




Amounts are based on underlying data and may not visually foot due to rounding.


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise