Dell Ticks Lower on Q3 Earnings Results

Shares of Dell

are trading lower in the after-hours following the release of the company's Q3 earnings results. Currently, shares are lower by 0.77%, trading at $15.51; they ended the regular session higher by 2.02%, at $15.63. Dell reported Q3 EPS of $0.54 on revenues of $15.4 billion. Revenues were flat year over year, while enterprise solutions and services revenue came in at an all-time high of $4.7 billion. "Our results this quarter and over the past year reflect a new Dell, one focused on providing our customers productivity-enhancing solutions either developed organically or acquired," said Michael Dell, chairman and CEO. "We're now investing in research and development activities at almost a billion-dollar annual run rate and our earnings per share is up 86 percent over the last 12 months." The company remains committed to its strategy and is on track to exceed its guidance of 17 to 23% full fiscal-year operating income growth. Dell Inc. is a technology company that offers a range of technology product categories, including mobility products, desktop personal computers, software and peripherals, servers and networking products, storage and services.