Friday, November 19, 2010

Dell posts big Q3, credits healthcare business

ROUND ROCK, TX – Dell's profits more than doubled in the third quarter and its revenue was up 19 percent, thanks in part to continued growth of the computer maker's healthcare operations.

Dell reported Thursday that, for the quarter ended Oct. 29, its income was $822 million – up from $337 million for the same period last year.

Revenue, meanwhile, grew to $15.4 billion from $12.9 billion. (Year to date, the company’s revenue has grown 21 percent to $45.8 billion.)

In a statement, Dell executives credited its strong role as a provider to the healthcare industry – specifically citing implementations at the Methodist Hospital in Houston and Western Maryland Health Systems in Cumberland, Md.

In addition, Dell touted its precence internationally – such as its work helping the Songjiang Hospital in Shanghai to implement EMR systems and diagnostic image transfers.

"Our strong results demonstrate that we are listening to customers and delivering what they want," said Chairman and CEO Michael Dell. "It validates that our strategy to offer choice and efficiency at every level of the IT enterprise computing stack is taking hold, and we are more focused than ever to being a true partner – not merely a provider – to our customers. Dell is growing in the right areas, and I’m very excited about our momentum."

 

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