Computer Company Dell Technologies Achieved Higher Sales
Computer company Dell Technologies achieved higher sales in the quarter. That left the concern, which is preparing for a return to the stock exchange, Thursday.
Total revenue in the second quarter, which ended on 3 August, rose by 18 percent year-on-year to $ 22.9 billion. In all business units revenue was on the rise.
The adjusted operating result went up by 13 percent to 2.5 billion dollars. The technology company increased its expectations for the entire financial year.
In July, Dell announced that it wanted to return to Wall Street through a sort of exchange of shares. That transaction has a value of 21.7 billion dollars.
A stock exchange listing gives Dell more opportunities to reduce the debt burden. Founder Michael Dell, together with investor Silver Lake, took the group off the stock exchange in 2013.