Dell Technologies Reports Second Quarter Results; Revenue and Profits Grow Year-Over-Year

 

DELL TECHNOLOGIES INC.

Reconciliation of Selected Non-GAAP Financial Measures

(in millions, except percentages; unaudited; continued on next page)



Three Months Ended




Six Months Ended




August 2, 2019


August 3, 2018


Change


August 2, 2019


August 3, 2018


Change

Net revenue

$

23,370


$

22,942


2%


$

45,278


$

44,298


2%

Non-GAAP adjustments:












Impact of purchase accounting

84


180




166


367



Non-GAAP net revenue

$

23,454


$

23,122


1%


$

45,444


$

44,665


2%













Gross margin

$

7,326


$

6,123


20%


$

14,123


$

12,001


18%

Non-GAAP adjustments:












Amortization of intangibles

519


718




1,038


1,428



Impact of purchase accounting

85


185




169


378



Transaction-related expenses


21




(5)


137



Stock-based compensation expense

32


18




58


34



Other corporate expenses

24


1




37


7



Non-GAAP gross margin

$

7,986


$

7,066


13%


$

15,420


$

13,985


10%













Operating expenses

$

6,807


$

6,136


11%


$

13,054


$

12,167


7%

Non-GAAP adjustments:












Amortization of intangibles

(541)


(808)




(1,239)


(1,620)



Impact of purchase accounting

(17)


(30)




(34)


(59)



Transaction-related expenses

(47)


(83)




(94)


(133)



Stock-based compensation expense

(269)


(198)




(506)


(381)



Other corporate expenses

(690)


(59)




(700)


(123)



Non-GAAP operating expenses

$

5,243


$

4,958


6%


$

10,481


$

9,851


6%













Operating income (loss)

$

519


$

(13)


NM


$

1,069


$

(166)


744%

Non-GAAP adjustments:












Amortization of intangibles

1,060


1,526




2,277


3,048



Impact of purchase accounting

102


215




203


437



Transaction-related expenses

47


104




89


270



Stock-based compensation expense

301


216




564


415



Other corporate expenses

714


60




737


130



Non-GAAP operating income

$

2,743


$

2,108


30%


$

4,939


$

4,134


19%


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »



Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
A Mid-Summer GDP Shocker, -32.9%
Sanjay GangalNemetschek Group
by Sanjay Gangal
How BIM is Changing Bridge Engineering
Jobs
GIS Project Manager for VHB at Wethersfield, Connecticut
Applications Programmer Analyst I for Southern Nevada Health District at Las Vegas, Nevada
Applications Programmer Analyst II for Southern Nevada Health District at Las Vegas, Nevada
Upcoming Events
ICBEST 2020 at The Westin Bayshore Vancouver Canada - Aug 31 - 2, 2020
Urban Regeneration and Sustainability 2nd Edition conference at University of East London, London, UK University Way London E16 2RD London United Kingdom - Sep 8 - 10, 2020
Bentley: Livestream On Demand
CADalog.com - Countless CAD add-ons, plug-ins and more.



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise