{"id":19509,"date":"2022-05-27T08:29:03","date_gmt":"2022-05-27T15:29:03","guid":{"rendered":"https:\/\/marketdepth.com\/?p=19509"},"modified":"2022-05-27T08:29:04","modified_gmt":"2022-05-27T15:29:04","slug":"dell-technologies-announces-first-quarter-fiscal-2023-financial-results","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/","title":{"rendered":"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results"},"content":{"rendered":"\n

Dell Technologies (NYSE: DELL) Reports<\/a> Financial Results for fiscal 2023 first quarter.\u00a0 Revenue was a first quarter record of\u00a0$26.1 billion, up 16%, with growth across Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The company generated record first quarter operating income of\u00a0$1.6 billion, a 57% increase, and record non-GAAP operating income of\u00a0$2.1 billion, up 21%. Net income from continuing operations was\u00a0$1.1 billion, up 62%, and non-GAAP net income was\u00a0$1.4 billion, up 36%.\u00a0 “We followed a record FY22 with a record first quarter FY23. Revenue was\u00a0$26.1 billion, up 16%, with growth across our business units,” said\u00a0Jeff Clarke, vice chairman and co-chief operating officer, Dell Technologies. “We are built to outperform, in a balanced and consistent way across the company, as our customers invest in their digital futures and choose Dell as their trusted partner.”<\/p>\n\n\n\n

“Our first quarter \u2013 with record Q1 revenue, operating income and diluted EPS \u2013 demonstrates the benefits of having a strong, geographically and sector-diverse business covering the edge to the core data center to the cloud. Plus we are positioned to pursue growth wherever it materializes in the IT market, given the predictability, durability and flexibility in our business.”<\/p>Chuck Whitten, co-chief operating officer<\/cite><\/blockquote>\n\n\n\n

“In our first quarter, we returned $1.75 billion to our shareholders through a combination of share repurchases and dividends,” said Tom Sweet, chief financial officer, Dell Technologies. “We are delivering long-term value by executing our strategy for growth, taking share, generating strong cash flow from operations and executing our capital allocation framework.”<\/p>\n","protected":false},"excerpt":{"rendered":"Dell Technologies (NYSE: DELL) Reports Financial Results for fiscal 2023 first quarter.\u00a0 Revenue was a first quarter record of\u00a0$26.1 billion, up 16%, with growth across Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The company generated record first quarter operating income of\u00a0$1.6 billion, a 57% increase, and record non-GAAP operating income of\u00a0$2.1 billion, up… View Article<\/a>","protected":false},"author":3,"featured_media":17805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[10,31,7,16],"tags":[],"acf":[],"yoast_head":"\nDell Technologies Announces First Quarter Fiscal 2023 Financial Results - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"Dell Technologies (NYSE: DELL) Reports Financial Results for fiscal 2023 first quarter.\u00a0 Revenue was a first quarter record of\u00a0$26.1 billion, up 16%, with growth across Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The company generated record first quarter operating income of\u00a0$1.6 billion, a 57% increase, and record non-GAAP operating income of\u00a0$2.1 billion, up... View Article\" \/>\n<meta property=\"og:url\" content=\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"MarketDepth\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/marketdepthnews\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-27T15:29:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-27T15:29:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/marketdepth.com\/wp-content\/uploads\/2021\/11\/Dell-Laptop.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"MarketDepth\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@MarketDepthNews\" \/>\n<meta name=\"twitter:site\" content=\"@MarketDepthNews\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"MarketDepth\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/\"},\"author\":{\"name\":\"MarketDepth\",\"@id\":\"https:\/\/marketdepth.com\/#\/schema\/person\/1c07fd6f269e57bf07013b63d7245f69\"},\"headline\":\"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results\",\"datePublished\":\"2022-05-27T15:29:03+00:00\",\"dateModified\":\"2022-05-27T15:29:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/\"},\"wordCount\":252,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/marketdepth.com\/#organization\"},\"articleSection\":[\"Breaking\",\"Business\",\"Technology\",\"What's Hot\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/\",\"url\":\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/\",\"name\":\"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results - MarketDepth\",\"isPartOf\":{\"@id\":\"https:\/\/marketdepth.com\/#website\"},\"datePublished\":\"2022-05-27T15:29:03+00:00\",\"dateModified\":\"2022-05-27T15:29:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/marketdepth.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/marketdepth.com\/#website\",\"url\":\"https:\/\/marketdepth.com\/\",\"name\":\"MarketDepth\",\"description\":\"Stock Market News & Headlines\",\"publisher\":{\"@id\":\"https:\/\/marketdepth.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/marketdepth.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/marketdepth.com\/#organization\",\"name\":\"MarketDepth\",\"url\":\"https:\/\/marketdepth.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/marketdepth.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/marketdepth.com\/wp-content\/uploads\/2021\/05\/MarketDepth-Placeholder-1.jpg\",\"contentUrl\":\"https:\/\/marketdepth.com\/wp-content\/uploads\/2021\/05\/MarketDepth-Placeholder-1.jpg\",\"width\":1500,\"height\":1000,\"caption\":\"MarketDepth\"},\"image\":{\"@id\":\"https:\/\/marketdepth.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/marketdepthnews\",\"https:\/\/twitter.com\/MarketDepthNews\",\"https:\/\/www.instagram.com\/marketdepth\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/marketdepth.com\/#\/schema\/person\/1c07fd6f269e57bf07013b63d7245f69\",\"name\":\"MarketDepth\",\"url\":\"https:\/\/marketdepth.com\/author\/3\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results - MarketDepth","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results - MarketDepth","og_description":"Dell Technologies (NYSE: DELL) Reports Financial Results for fiscal 2023 first quarter.\u00a0 Revenue was a first quarter record of\u00a0$26.1 billion, up 16%, with growth across Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The company generated record first quarter operating income of\u00a0$1.6 billion, a 57% increase, and record non-GAAP operating income of\u00a0$2.1 billion, up... View Article","og_url":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/","og_site_name":"MarketDepth","article_publisher":"https:\/\/www.facebook.com\/marketdepthnews","article_published_time":"2022-05-27T15:29:03+00:00","article_modified_time":"2022-05-27T15:29:04+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/marketdepth.com\/wp-content\/uploads\/2021\/11\/Dell-Laptop.jpg","type":"image\/jpeg"}],"author":"MarketDepth","twitter_card":"summary_large_image","twitter_creator":"@MarketDepthNews","twitter_site":"@MarketDepthNews","twitter_misc":{"Written by":"MarketDepth","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/#article","isPartOf":{"@id":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/"},"author":{"name":"MarketDepth","@id":"https:\/\/marketdepth.com\/#\/schema\/person\/1c07fd6f269e57bf07013b63d7245f69"},"headline":"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results","datePublished":"2022-05-27T15:29:03+00:00","dateModified":"2022-05-27T15:29:04+00:00","mainEntityOfPage":{"@id":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/"},"wordCount":252,"commentCount":0,"publisher":{"@id":"https:\/\/marketdepth.com\/#organization"},"articleSection":["Breaking","Business","Technology","What's Hot"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/","url":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/","name":"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results - MarketDepth","isPartOf":{"@id":"https:\/\/marketdepth.com\/#website"},"datePublished":"2022-05-27T15:29:03+00:00","dateModified":"2022-05-27T15:29:04+00:00","breadcrumb":{"@id":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/marketdepth.com\/dell-technologies-announces-first-quarter-fiscal-2023-financial-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/marketdepth.com\/"},{"@type":"ListItem","position":2,"name":"Dell Technologies Announces First Quarter Fiscal 2023 Financial Results"}]},{"@type":"WebSite","@id":"https:\/\/marketdepth.com\/#website","url":"https:\/\/marketdepth.com\/","name":"MarketDepth","description":"Stock Market News & Headlines","publisher":{"@id":"https:\/\/marketdepth.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/marketdepth.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/marketdepth.com\/#organization","name":"MarketDepth","url":"https:\/\/marketdepth.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/marketdepth.com\/#\/schema\/logo\/image\/","url":"https:\/\/marketdepth.com\/wp-content\/uploads\/2021\/05\/MarketDepth-Placeholder-1.jpg","contentUrl":"https:\/\/marketdepth.com\/wp-content\/uploads\/2021\/05\/MarketDepth-Placeholder-1.jpg","width":1500,"height":1000,"caption":"MarketDepth"},"image":{"@id":"https:\/\/marketdepth.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/marketdepthnews","https:\/\/twitter.com\/MarketDepthNews","https:\/\/www.instagram.com\/marketdepth\/"]},{"@type":"Person","@id":"https:\/\/marketdepth.com\/#\/schema\/person\/1c07fd6f269e57bf07013b63d7245f69","name":"MarketDepth","url":"https:\/\/marketdepth.com\/author\/3\/"}]}},"_links":{"self":[{"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/posts\/19509"}],"collection":[{"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/comments?post=19509"}],"version-history":[{"count":1,"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/posts\/19509\/revisions"}],"predecessor-version":[{"id":19510,"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/posts\/19509\/revisions\/19510"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/media\/17805"}],"wp:attachment":[{"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/media?parent=19509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/categories?post=19509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marketdepth.com\/wp-json\/wp\/v2\/tags?post=19509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}