Dell revenue lower than Street view

  • Rate this Story
  • 0
  • 0

November 16, 2012 8:35 AM EST

Dell Inc reported revenue that was slightly lower than Wall Street expectations for the third quarter but said it expects revenue to grow 2 to 5 percent in the fourth quarter.

The world's No. 3 maker of personal computers said revenue in its fiscal third quarter fell 14.6 percent to $13.7 billion, slightly lower than the average analyst estimate of $13.89 billion according to Thomson Reuters I/B/E/S.

Dell's shares rose 2.5 percent in after market trading following the release of the results.

(Reporting By Poornima Gupta; Editing by PM Berlowitz)

  • Rate this Story
  • 0
  • 0
Copyright 2012 Thomson Reuters. All rights reserved.

Join the Conversation

IBTimes TV
E-Newsletters

We value your privacy. Your email address will not be shared.