US Stock Market Move | First quarter revenue and adjusted EPS guidance lower than expected Dell Technologies, Inc. Class C Technology (DELL.US) pre-market fell nearly 7%

On Friday, Dell Technologies, Inc. Class C technology (DELL.US) fell nearly 7% in pre-market trading to $100.36. In terms of news, in the fourth quarter of fiscal year 2025, Dell Technologies, Inc. Class C technology reported a 7.2% year-on-year increase in revenue to $23.9 billion, lower than the analysts' general expectation of $24.6 billion; adjusted earnings per share were $2.68, compared to market expectations of $2.53. The infrastructure department reported revenue of $11.4 billion, lower than analysts' expectations of $11.8 billion; with AI servers contributing $2.1 billion, below Wall Street's expectation of $2.77 billion, and revenue from the PC business dropping by 1% year-on-year to $11.9 billion. Looking ahead to the first quarter, the company expects revenue to be between $22.5 billion and $23.5 billion, below analysts' expectations of $23.55 billion; adjusted earnings per share are projected to be $1.65, compared to analysts' expectations of $1.76.