Dell May Beat Current Quarter Sales Projection

Round Rock, Texas-based Dell said that it sees revenue at about $7.9 billion, down 2 percent from the fourth quarter. It also said it still expects earnings per share of 16 cents in the first quarter, which ends May 3.

In February, it said to expects first-quarter revenue to decline by three percent to five percent from the fourth quarter's $8.7 billion.

Analysts were expecting the company to book earnings of 16 cents per share on revenue of $7.7 billion, according to research firm Thomson Financial/First Call.

Dell issued the guidance ahead of a meeting with analysts Thursday morning in New York. The meeting will include presentations by Chief Executive Michael Dell, Chief Operating Officer Kevin Rollins, and Chief Financial Officer James Schneider.

REUTERS

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