(Reuters) – Dell Technologies Inc beat revenue expectations for the ninth straight quarter on Thursday, as the PC maker saw robust demand for its computers and laptops as companies embrace a hybrid work model.
Revenue at Dell’s client solutions group, which included its desktop PCs, notebooks and tablets, rose 17% in the quarter, while the company‘s infrastructure solutions group, which sells data storage software and servers, posted a 16% increase in sales.
Excluding items, Texas-based Dell earned $1.84 per share.
Earlier in the day, chip firm Broadcom Inc said it would buy VMware in a $61 billion cash-and-stock deal. The cloud computing firm was spun off from Dell in 2021.
Michael Dell, the nearly four-decade-old company’s founder and top boss, is VMware’s biggest investor with a 40% stake.
(Reporting by Richard Rohan Francis and Eva Mathews in Bengaluru; Editing by Amy Caren Daniel)