Ai Platforms
Dell Q2 Earnings Preview: Looking for Growth in AI Servers and AI PCs
I/O FundAUG 28, 20245 Min Read
Dell will release its Q2 FY2025 results on August 29th. The management revenue guide is $23.5 billion to $24.5 billion, representing YoY growth of 4.7% at the midpoint. The company also raised the FY2025 revenue guidance from $91 billion to $95 billion to a new range of $93.5 billion to $97.5 billion due to strong AI server demand. Margins will be a key area of focus in the upcoming earnings and was the primary reason for the post-Q1 sell-off. Dell’s margins are under pressure due to inflationary cost increases, competition, and a higher mix of AI-optimized servers. The company forecasted adjusted gross margins to decline by 150 basis points for FY2025.
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