Dell Technologies (NYSE: DELL) delivered a mixed Q4 to close out FY25, with revenue and EPS guidance coming in lighter than expected. While Infrastructure Solutions Group (ISG) saw solid growth driven by AI and traditional server demand, ongoing weakness in Client Solutions Group remains a concern. The reliance on share repurchases as a lever to support the stock is showing diminishing returns especially considering debt is used to finance it.
CEO Michael Dell’s continued absence from earnings calls raises red flags, signaling a lack of accountability at the top that may permeate the organization. This could be a contributing factor to Dell’s repeated disappointments with execution. For more details, key highlights, and commentary, check out the high-level earnings summary.
