Dell quarterly revenue hits $23 billion

Tin box shifter Dell saw its sales rise across the board as quarterly revenue hits $23 billion.

The vendor is now forecasting non-GAAP revenues of between $90.5 billion and $92 billion for its full fiscal year and non-GAAP operating income of between $8.4 billion and $8.8 billion.

Revenues increased by 18 percent in non-GAAP terms to $22.9  billion for the quarter, while non-GAAP operating income hit 13 per cent growth to $2.1 billion. The firm reported a GAAP operating loss of $13 million.

Its Infrastructure Solutions Group increased by 24 percent and Client Solutions Group 13 percent.

Servers and networking swelled 34 percent year on year and storage hit 13 percent sales growth.

VMware meanwhile grew revenues by 11 percent to $2.2  billion and logged $736 million  in operating income.

Dell claims to have pushed a record number of client units in Q2 and saw triple-digit growth for its VxRail and VxRack lines.

Michael Dell in a statement: “We are in the early stages of a global, technology-led investment cycle in which every company is becoming a technology company. As our results indicate, Dell Technologies is perfectly positioned to grow, gain share, drive innovation and be our customers’ best, most trusted partner on the journey to their digital future.”

Dell is currently gearing up to return to the stock exchange, which the firm claims will allow it to simplify its capital structure.