Computer maker Dell, which employs more than 4,200 full- time staff in the Republic, last night delivered a 29 per cent rise in quarterly profit and an upbeat outlook.
Dell, known for aggressive pricing that allows it to take market share from rivals, gave a third-quarter outlook that was better than analysts estimates. Its shares rose in after-hours trade.
Dell said net income for the fiscal second quarter rose to $799 million, or 31 cents per share, from $621 million, or 24 cents per share, a year earlier. That met the average 31 cents per share forecast of analysts surveyed by Reuters estimates.
Revenue rose to $11.71 billion from $9.78 billion a year earlier. Shipments of desktop PCs, notebook PCs and servers rose on average 19 per cent from a year ago. That was faster than the growth of the rest of the industry.