Dell Enterprise Solutions Group Revenue Jumps 10%

Dell logo_GovConWireDell (NASDAQ: DELL) has announced financial results for the first quarter of its 2014 fiscal year, reporting 10 percent higher revenue in its enterprise solutions group from the prior year period.

Revenue for the quarter $3.1 billion and operating income increased 71 percent from the previous year’s quarter to $136 million.

Services revenue grew 2 percent to $2.1 billion, helped driven by an 11 percent increase in revenue for the company’s infrastructure, cloud and security services business.

The company also reported a 2 percent increase in revenue for the support and deployment business and 10 percent higher operating income to $370 million.

Global technology investment firm Silver Lake and founder Michael Dell are buying out the company for $24.4 billion and taking the company private.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Financial Report

Related Articles