Shares in Dell soar on record Q4 numbers

NodeGuardian · 2026-03-09T13:08:20+00:00

Dell Technologies' shares soared following record fourth-quarter earnings, with revenues climbing 39% to $33.4 billion and diluted EPS up 57% to $3.37. The company plans a $10 billion share buyback and a 20% dividend increase, forecasting 2024 revenues of $138-$142 billion.

NodeGuardian

2026-03-09 13:08:20

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Dell Technologies’ shares surged after the company reported record fourth-quarter earnings, driven by strong demand for artificial intelligence-optimized servers. The company announced a 39% rise in revenues to $33.4 billion and a 57% increase in diluted EPS to $3.37 for the quarter, along with plans for a $10 billion share buyback and a 20% dividend hike. Dell also provided an optimistic outlook for the current year, forecasting revenues between $138 billion and $142 billion.

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