Dell saw a 72% plummet in its profits for the second quarter of 2013.
The struggling computer giant’s profits fell to $204m from $732m in the same period last year, as CEO Michael Dell battles with shareholder Carl Icahn to take the company private.
During the quarter, the company recorded flat revenue of $14.5bn compared to the same period last year along with GAAP earnings of $0.12 per share and non-GAAP earnings of $0.25 per share.
The company’s Enterprise Solutions, Services and Software (ES&S) revenue grew 9% year over year to $5.8bn, including the benefit of the Quest acquisition.
Dell CEO Brian Gladden said, "In a challenging environment, we remain committed to our strategy and our customers, and we’re encouraged by increasing customer interest in our end-to-end solutions offerings and continued growth in our Enterprise Solutions, Services and Software businesses."
The company registered 8% increase in its Enterprise Solutions Group revenue to $3.3bn, while its operating income for the quarter dropped 9% to $137m and its server, networking and peripherals revenue increased by 10%.
Dell Services revenue rose 2% to $2.1bn, driven by a 3% growth in support and deployment revenue and a 5% increase for infrastructure, cloud and security services revenue, while its applications and business process services revenue fell 6%.
The company generated $9.1bn revenue through its end user computing, a 5% decline against the same period last year.
Since the company has already announced on 5 February a definitive merger agreement to take Dell private, the company has not provided any outlook for the coming quarter.
