Dell sees 16 percent revenue increase
Dell confirmed its guidance for its fiscal first-quarter 2006 revenue and earnings per share. The company expects revenue of about $13.4 billion, up 16 percent from the prior year, and earnings per share of 37 cents, up 32 percent.
The company recently announced plans to grow the firm’s annual sales of $49 billion to $80 billion. Company executives told analysts they expect earnings per share and cash flow from operations to continue to outgrow sales en route to this goal. (THG)
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