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March 26, 2020, 6:45 p.m. EDT

Dell withdraws fiscal 2021 financial guidance due to coronavirus

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By Jon Swartz

DELL

Dell Technologies Inc. /zigman2/quotes/203822527/composite DELL -1.87% on Thursday said it is withdrawing its financial guidance for fiscal 2021 because of the coronavirus pandemic. In an 8-K filing , the company said it is "unable to predict the extent to which the global COVID-19 pandemic may adversely impact its business operations, financial performance and results of operations for the current fiscal year." Dell said it plans to provide more information during its fiscal first-quarter earnings call scheduled on May 29. Dell shares are down 25% in the last year. The broader S&P 500 index is down 6.6% in the last year.

/zigman2/quotes/203822527/composite
US : U.S.: NYSE
$ 48.71
-0.93 -1.87%
Volume: 161,038
June 1, 2020 9:46a
P/E Ratio
8.42
Dividend Yield
N/A
Market Cap
$36.71 billion
Rev. per Employee
$624,972
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