Dell beats revenue estimates as remote work fuels demand

Technology
Friday, 27 Aug 2021
5:02 AM MYT

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FILE PHOTO: A logo of Dell Technologies is seen at the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman/File Photo

(Reuters) - Dell Technologies Inc beat market estimates for second-quarter revenue on Thursday as the shift to hybrid work kept demand strong for its laptops, desktops and cloud services.

People globally continue to spend on computer devices even after a year of working from home. Figures from International Data Corp showed shipments of PCs rose 13% from April to June, but the pace of growth was much slower than last year's frenzy.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-CWEI	0.070	0.080	0.070	0.075	0.010	15.38	2,881,712
HSI-CWGA	0.120	0.130	0.115	0.130	0.015	13.04	2,103,282
HSI-PWFZ	0.200	0.200	0.180	0.180	-0.025	-12.20	1,725,030
HSI-CWEZ	0.140	0.150	0.140	0.150	0.010	7.14	1,468,108
MYEG	0.950	0.970	0.950	0.970	0.020	2.11	982,716
HSI-PWFS	0.070	0.070	0.050	0.050	-0.030	-37.50	906,851
TWL	0.020	0.030	0.020	0.025	0.000	0.00	630,811
HSI-CWEP	0.055	0.065	0.050	0.060	0.005	9.09	588,495
HSI-PWHB	0.065	0.065	0.055	0.060	-0.005	-7.69	563,305
YTL	2.030	2.190	2.030	2.180	0.160	7.92	523,063
GAMUDA	4.720	4.820	4.710	4.760	0.060	1.28	508,518
TANCO	0.965	0.980	0.960	0.975	0.010	1.04	351,422
HSI-CWC6	0.215	0.260	0.215	0.250	0.040	19.05	345,286
HSI-PWFF	0.200	0.200	0.165	0.165	-0.050	-23.26	320,493
GENM	2.030	2.030	1.870	1.900	-0.130	-6.40	274,376

Dell beats revenue estimates as remote work fuels demand