Dell Technologies Stock Price, News & Analysis

Dell Technologies reported a record full-year revenue of $101.2 billion, up 17% year-over-year, driven by strong demand and record PC shipments. Diluted earnings per share reached $6.26, an increase of 114%. For fiscal 2023, Dell announced a quarterly cash dividend policy, starting with $0.33 per share, totalling approximately $1 billion in dividends. The company generated a record operating income of $4.7 billion, a 26% increase, while cash flow from operations hit $10.3 billion.

VMware reported FY22 total revenue of $12.85 billion, a 9% year-over-year growth. For Q4, revenue was $3.53 billion, up 7% from Q4 FY21. Subscription and SaaS revenue reached $3.20 billion for the year, increasing 24% year-over-year. GAAP net income for Q4 was $586 million, a 26% decline per diluted share. Non-GAAP net income was $855 million, down 9%. Operating cash flow totaled $1.14 billion, with free cash flow at $1.01 billion.

VMware completed its spin-off from Dell, enhancing its operational flexibility and strategic focus.

VMware announced that CEO Raghu Raghuram will present at the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2022, at 10:55 a.m. PT. This event will allow investors to gain insights into VMware's strategies and innovations in enterprise software.

The live webcast can be accessed on VMware’s Investor Relations page, with a replay available for two months. VMware specializes in multi-cloud services, supporting digital innovation while maintaining enterprise control.

Dell Technologies (NYSE: DELL) has introduced new telecommunications solutions aimed at helping communications service providers (CSPs) enhance their networks. Key offerings include the Dell Telecom Multi-Cloud Foundation, which accelerates cloud-native network deployments, and the Dell Open RAN Accelerator, designed to improve 5G performance. The new solutions aim to reduce complexity and operational costs, with ACG Research estimating up to 39% OpEx savings for users. Additionally, partnerships with Marvell and others aim to foster an open telecom ecosystem, promoting innovation and operational efficiency.

Dell Technologies and VMware have partnered with Munich Re to enhance IT operations through a multi-cloud strategy. This collaboration aims to improve performance, flexibility, and compliance for Munich Re's data-heavy workloads. The infrastructure utilizes Dell VxRail systems and Microsoft Azure VMware Solution to enable a seamless hybrid cloud experience. Munich Re plans to consolidate its global data centers into three hubs, which will promote operational agility and cost reduction. Executives from all parties emphasized the importance of adapting to the insurance industry's technological revolution.

VMware, Inc. (NYSE: VMW) will announce its fourth quarter and fiscal year 2022 financial results on February 24, 2022, after market close. A conference call for discussing the results and business outlook is set for 1:30 p.m. PT / 4:30 p.m. ET. Investors can access the live web broadcast at ir.vmware.com, with a replay available for two months.

VMware enables digital innovation with multi-cloud services, facilitating enterprise control for its clients.

Dell Technologies (NYSE: DELL) will host a conference call on February 24, 2022, at 4:30 p.m. CST to discuss its fiscal 2022 fourth quarter and full-year financial results. The call will be accessible via live audio webcast on the company's website, where an archived version will also be available. A press release with detailed financial statements will precede the call. This session is an opportunity for investors and the public to gain insights into Dell's operational performance and financial standing.

VMware has released a report indicating that cybercriminals are increasingly targeting Linux-based multi-cloud environments with malware. Key findings reveal that ransomware is evolving to target Linux workloads, while 89% of cryptojacking attacks employ XMRig-related libraries. Additionally, over half of Cobalt Strike users may be using the tool illicitly. The report emphasizes the urgent need for organizations to enhance threat detection and adopt a Zero Trust approach to safeguard their infrastructures against these growing threats.

VMware has announced key appointments to strengthen its Go-To-Market Leadership team. Laura Heisman has been appointed as Chief Marketing Officer, while Sylvain Cazard takes on the role of General Manager for Asia Pacific and Japan. Heisman brings over 25 years of experience, previously at GitHub and Citrix, while Cazard, who has 12 years with VMware, aims to enhance sales strategy in APJ. Additional appointments include John Sabino as Chief Customer Experience Officer and Zia Yusuf as SVP of Strategic Ecosystems, aimed at boosting multi-cloud adoption.