06:12 AM EDT, 08/30/2024 (MT Newswires) -- Dell Technologies ( DELL ) raised its fiscal 2025 guidance after it released fiscal Q2 results that topped Street expectations.

Dell Chief Financial Officer Yvonne McGill said during the company's Thursday earnings call that fiscal 2025 non-GAAP EPS is now expected to be $7.80, plus or minus $0.25, while revenue is projected at $95.5 billion to $98.5 billion. Analysts polled by Capital IQ expect adjusted EPS of $7.83 on revenue of $96.76 billion.

During the company's Q1 earnings call in May, McGill said Dell expects fiscal 2025 non-GAAP EPS of $7.65, plus or minus $0.25, and revenue of $93.5 billion to $97.5 billion,

For fiscal Q3, the CFO said Dell expects non-GAAP EPS of $2, plus or minus $0.10, and revenue of $24 billion to $25 billion. Analysts polled by Capital IQ expect adjusted EPS of $2.10 on revenue of $24.64 billion.

Dell Technologies ( DELL ) shares were up more than 5% premarket Friday.

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