04:25 PM EDT, 05/30/2024 (MT Newswires) -- Dell Technologies ( DELL ) reported fiscal Q1 non-GAAP earnings late Thursday of $1.27 per diluted share, down from $1.31 a year earlier.

Analysts polled by Capital IQ expected $1.29.

Net revenue in the quarter ended May 3 rose to $22.2 billion from $20.9 billion a year earlier.

Analysts surveyed by Capital IQ expected $21.7 billion.

Dell shares fell 12% in recent after-hours activity.

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