US Stock Price Fluctuated | Fourth quarter net profit surged year-on-year, Dell Technologies (DELL.US) rose more than 32%.

On Friday, Dell Technologies (DELL.US) stock price rose, as of the time of writing, it rose by more than 32%, reaching $126.42. The company's fourth quarter revenue was $22.3 billion, a year-on-year decrease of 11%; full-year revenue was $88.4 billion, a year-on-year decrease of 14%; fourth quarter operating income was $1.5 billion, a year-on-year increase of 25%; full-year operating income was $5.2 billion, a year-on-year decrease of 10%; fourth quarter net profit was $1.2 billion, a year-on-year increase of 91%; full-year net profit was $2.4 billion, a year-on-year increase of 32%; fourth quarter diluted earnings per share were $1.59, a year-on-year increase of 89%; full-year diluted earnings per share were $4.36, with year-on-year increases of 35%. Dell forecasts first quarter revenue to be between $21-22 billion, with a growth rate of 3%, and fiscal year 2025 revenue to be $91-95 billion, with a growth rate of 5%, higher than our long-term value creation framework; the forecasted quarterly Non-GAAP diluted earnings per share is expected to be $1.15 plus or minus $0.10, and the full year Non-GAAP earnings per share are expected to be between $7.25-7.75.