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Dell revenue rises 9 percent in first report as public company



FILE PHOTO: A Dell logo is seen in Sarajevo, Bosnia and Herzegovina, October 12, 2015. REUTERS / Dado Ruvic

(Reuters) – Dell Technologies, Inc., Inc. (Reuters).

The company returned to public markets on Dec. VMware, and more than 22 percent since then.

For the fourth quarter ended Feb. 1, net loss attributable to Dell jumped nearly three-fold to $ 299 million. Operating expenses surged 13.7 percent to $ 6.78 billion.

Revenue in its Infrastructure Solutions Group, which has 10 percent to $ 9.9 billion.

Client Solutions Group segment revenue rose 4 percent to $ 10.9 billion. The unit holds its desktop PCs, notebooks and tablets, as well as branded peripherals business.

HP Inc on Wednesday reported quarterly revenue, as well as due to its in-house systems.

Total revenue rose to $ 23.84 billion from $ 21.96 billion.

Separately, VMware Inc. has beat fourth-quarter revenue estimates for its software to boost cloud computing efficiency.

Reporting by Vibhuti Sharma in Bengaluru; Editing by Sriraj Kalluvila

Our Standards:The Thomson Reuters Trust Principles.

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