Dell's revenue in its first quarter was $13.2 billion, a 2 percent decline from the same period a year ago, according to preliminary figures released by the company late Friday.
The Round Rock-based tech company revealed some preliminary data about its first quarter in a press release. As part of Dell's efforts to buy publicly-traded EMC Corp. it is required to disclose some information about its finances.
Dell discloses its financial data under the name "Denali Holdings."
The press release also says that the company's operating loss shrank to $100 million from $300 million from the same period a year ago.
Dell's "non-GAAP" financial results, which adjusts for certain expenses, resulted in an operating income in the first quarter of $600 million versus $500 million the same period a year ago.
CEO Michael Dell has routinely said that since going private in 2013 the company no longer feels the pressure of the "90-day shot clock," and emphasis on profitability. That means it is able to invest in areas it couldn't before.
Industry analyst Roger Kay credited Dell going private with the recent news that in the first quarter Dell sold more PCs in the United States than any other personal computer maker.
In previous filings, Dell had disclosed that it hasn't posted an annual profit in at least three years. Its revenue last fiscal year was $54.9 billion, a decline of 5.6 percent, while its losses shrank 9.6 percent.
Dell is trying to expand its products beyond personal computers and offer more IT products and services for businesses. That is why Dell is interested in buying data storage giant EMC for $67 billion.
Last year Dell's "client solutions" business, which includes its personal computers, decreased 9 percent to $36 billion. Its other divisions, which include software and servers, made up 35 percent of the company's total revenue in 2016.
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