We’re still riding the tech train to stock land to see earnings way beyond what analysts expected. This time, it’s Dell that has beaten the heat of Wall Street, making its earnings report one for the books. The company reported earnings of $1.58 a share, which was 9 cents higher than what Bloomberg and others posted in their estimates.
Adjusted revenue came out to be a whopping 21 billion dollars for quarter two. That’s a 16 percent increase than the previous period’s earnings, and the company has its hopes up for the incline to continue.
Dell has a unique strategy to how it does business. The company uses flexible work schedules of which 58 percent of employees for the company take advantage of. That means that more workers can get their jobs done from home, adhering to their own personal schedules. This could be one reason that Dell has performed better than expected, or it could be that their latest technological advancements have gotten the consumers attention back. Either way, it seems like the information-technology company will be riding well for the rest of the year.