DELL TECHNOLOGIES INC. | |||||||||||
Reconciliation of Selected Non-GAAP Financial Measures | |||||||||||
(in millions, except percentages and per share amounts; unaudited; continued) | |||||||||||
|
| |||||||||||
|
| Three Months Ended |
|
|
| Six Months Ended |
|
| ||||
|
| July 29, 2022 |
| July 30, 2021 |
| Change |
| July 29, 2022 |
| July 30, 2021 |
| Change |
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per share from continuing operations attributable to Dell Technologies Inc. |
|
|
|
| |||||||
Net income from continuing operations attributable to Dell Technologies Inc. — basic | $ 511 |
| $ 631 |
|
|
| $ 1,583 |
| $ 1,291 |
|
|
Weighted-average shares outstanding — basic | 739 |
| 763 |
|
|
| 746 |
| 760 |
|
|
Earnings per share attributable to Dell Technologies Inc. — basic | $ 0.69 |
| $ 0.83 |
| (17) % |
| $ 2.12 |
| $ 1.70 |
| 25 % |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income from continuing operations attributable to Dell Technologies Inc. — diluted | $ 511 |
| $ 631 |
|
|
| $ 1,583 |
| $ 1,291 |
|
|
Weighted-average shares outstanding — diluted | 755 |
| 786 |
|
|
| 768 |
| 784 |
|
|
Earnings per share attributable to Dell Technologies Inc. — diluted: | $ 0.68 |
| $ 0.80 |
| (15) % |
| $ 2.06 |
| $ 1.65 |
| 25 % |
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per share from discontinued operations attributable to Dell Technologies Inc. |
|
|
|
| |||||||
| Net income from discontinued operations attributable to Dell Technologies Inc. — basic | $ — |
| $ 200 |
|
|
| $ — |
| $ 427 |
|
|
| Weighted-average shares outstanding — basic | — |
| 763 |
|
|
| — |
| 760 |
|
|
| Earnings per share attributable to Dell Technologies Inc. — basic | $ — |
| $ 0.26 |
| NM |
| $ — |
| $ 0.56 |
| NM |
| Incremental dilution from VMware, Inc. attributable to Dell Technologies | — |
| (3) |
|
|
| — |
| (5) |
|
|
| Net income from discontinued operations attributable to Dell Technologies Inc. — diluted | $ — |
| $ 197 |
|
|
| $ — |
| $ 422 |
|
|
| Weighted-average shares outstanding — diluted | — |
| 786 |
|
|
| — |
| 784 |
|
|
| Earnings per share attributable to Dell Technologies Inc. — diluted | $ — |
| $ 0.25 |
| NM |
| $ — |
| $ 0.53 |
| NM |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-GAAP earnings per share attributable to Dell Technologies Inc. |
|
| |||||||||
| Non-GAAP net income attributable to Dell Technologies Inc. — basic | $ 1,268 |
| $ 1,166 |
|
|
| $ 2,703 |
| $ 2,221 |
|
|
| Weighted-average shares outstanding — basic | 739 |
| 763 |
|
|
| 746 |
| 760 |
|
|
| Earnings per share attributable to Dell Technologies Inc. — basic | $ 1.72 |
| $ 1.53 |
| 12 % |
| $ 3.62 |
| $ 2.92 |
| 24 % |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Non-GAAP net income attributable to Dell Technologies Inc. — diluted | $ 1,268 |
| $ 1,166 |
|
|
| $ 2,703 |
| $ 2,221 |
|
|
| Weighted-average shares outstanding — diluted | 755 |
| 786 |
|
|
| 768 |
| 784 |
|
|
| Earnings per share attributable to Dell Technologies Inc. — diluted | $ 1.68 |
| $ 1.48 |
| 14 % |
| $ 3.52 |
| $ 2.83 |
| 24 % |
|
| |||||||||||
| Amounts may not visually recalculate due to rounding. | |||||||||||
|
Dell Technologies Announces Second Quarter Fiscal 2023 Financial Results
|
|
||||||
|
|
|||||||
|
|||||||
