SAN FRANCISCO (MarketWatch) -- Dell Inc. said Tuesday afternoon that sales and earnings fell in its fourth fiscal quarter, though the results came in slightly above Wall Street's estimates for the period. For the period ended Feb. 1, Dell DELL reported net income of $530 million, or 30 cents per share, compared with net income of $764 million, or 43 cents per share, for the same period last year. Adjusted earnings came in at $702 million, or 40 cents per share. Revenue slipped by 11% to $14.3 billion. Analysts were expecting earnings of 39 cents per share on revenue of $14.1 billion, according to consensus estimates from FactSet. The stock traded up fractionally after hours on Tuesday, staying slightly above the $13.65 price offered in a buyout bid sponsored by CEO Michael Dell.
| Dell Inc | View dell Stock Quote | |||
| Dell Inc | View dell Stock Quote | |||
| Dell Inc | View dell Stock Quote | |||
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