Strong server sales boost Dell Technologies revenue

Vendor's server and networking revenue jumps 32 per cent

Dell Technologies saw its revenue jump 21 per cent in Q3, driven by its second consecutive quarter of double-digit server growth.

For the three months ending 3 November, Dell's revenue increased to $19.6m (£14.6m), while operating losses narrowed 65 per cent to $533m.

Dell EMC - which houses servers and networking, as well as storage - saw revenue jump 26 per cent to $5.9bn.

The revenue was split evenly between the two segments, with servers and networking jumping 32 per cent and storage up 19 per cent.

Dell chief financial officer Tom Sweet said: "In the third fiscal quarter, we delivered solid performance across the business.

"Moving forward, we'll maintain our focus on profitable growth, generating strong cashflow and delivering a comprehensive and seamless solutions portfolio, incorporating the capabilities of all the companies under Dell Technologies."

Dell's client solutions division, which encompasses PCs and notebooks, saw growth of eight per cent to $9.2bn.

VMware revenue also contributed to the sales jump, with revenue up 52 per cent to just under $2bn.