Dell's EqualLogic revenue grows 63%

Posted on August 19, 2010

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– Dell reported earnings for its second fiscal quarter today with strong results across its server, storage and networking product lines, according to a report posted on InfoStor sister site ServerWatch.

Revenue from Dell's overall storage products rose 13% compared to the same quarter a year ago, while revenue from the company's EqualLogic line of iSCSI products grew a whopping 63%.

Dell (NASDAQ: DELL) racked up total sales of $15.5 billion in the quarter, topping analysts' estimates of $15.2 billion. GAAP income came in 16% higher than a year earlier, at $545 million, or $0.28 per share.

Dell's services revenue increased 57% year-over-year, to $1.9 billion. That includes revenue from Perot Systems, which Dell acquired last year for $3.9 billion.

Read the full article on Dell's quarterly earnings report, which includes a number of surprises, at ServerWatch: "Dell Sees Server, Services Sales Soar"

Related articles from InfoStor:
Dell to acquire 3PAR for $1.15 billion
Dell to acquire Ocarina for data deduplication (blog post)

Related news on recent earnings reports:
NetApp hits a home run in Q1 (blog post)
Like Cisco, Brocade falls short (blog post)

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