May 22, 2012 at 16:09 PM EDT
Dell Drops 7%: FYQ1 Misses, Q2 Rev View Weak
Shares of Dell (DELL) are down $1.12, or 7%, at $13.96, after the company this afternoon reported fiscal Q1 revenue and earnings per share below analysts’ estimates, and forecast a Q2 revenue rise less than expected. Revenue in the three months ended May 4th fell 10%, quarter over quarter, and 4%, year over year, to [...]
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