Friday, 24 March, 2023

Dell posts growth of 17% in FY2022 even after loss in Q4

<p>Dell Technologies reported revenue of $27.9B in Q4 FY 2022 and growth of 16% YoY.&nbsp; When looking at complete FY data, the company posted $101.2B in revenue, an improvement of 17% YoY. Jeff Clarke, VC, and COO said that this year was the best in Dell&rsquo;s history in terms of revenue as well as strategic progress in cloud, telecom and as-a-Service sectors. Dell intends to pay dividends to its shareholders on the back of these results.</p>