(RTTNews) - Dell Inc. (DELL) released a profit for its fourth quarter that rose from last year.
The company's bottom line totaled $1.34 billion, or $1.57 per share. This compares with $0.42 billion, or $0.54 per share, in last year's fourth quarter.
Excluding items, Dell Inc. reported adjusted earnings of $2.29 billion or $2.70 per share for the period.
Analysts had expected the company to earn $2.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 108555.8% to $26.11 billion from $24.03 million last year.
Dell Inc. earnings at a glance:
-Earnings (Q4): $2.29 Bln. vs. $1.68 Bln. last year. -EPS (Q4): $2.70 vs. $2.00 last year. -Analysts Estimate: $2.14 -Revenue (Q4): $26.11 Bln vs. $24.03 Mln last year.
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