Dell Reports Rising Sales Amid Planned Return to Public Markets
Dell Technologies reported growing sales and increased its outlook for the year
• Second fiscal-quarter revenue increased 18 percent to $22.9 billion, while EBITDA for the period climed 13 percent to $2.46 billion
• The strong performance may boost CEO Michael Dell’s efforts to shepherd the hardware maker to a public listing, five years after taking it private
• The earnings release is investors’ last opportunity to see whether Dell is on track to meet its robust sales expectations before voting on the buyout proposal in October