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-   -   Dell beats forecasts with results (http://www.go4expert.com/news/dell-beats-forecasts-results-t2001/)

shabbir 25Nov2006 16:43

Dell beats forecasts with results
 
Computer giant Dell has unveiled forecast-beating results after a six-day delay caused by a probe into its accounting practices.

The group said profits for the three months to 3 November came in at $677m (356.5m) or 30 cents a share, against analyst forecasts of 24 cents a share.

But it warned the figures may change as a result of the investigation. Dell did not give comparisons for 2005.

The Securities and Exchange Commission announced a formal probe last Thursday.

The investigation relates to whether Dell accounts dating back to 2002 were mis-stated.

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