Breeze Holdings Acquisition Corp
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Company profile

Breeze Holdings Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company focuses for a target business in the energy industry in North America. The Company has no operations and has not generated revenues.

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Dell stock drops as earnings miss offsets new dividend

8:43 pm ET February 24, 2022 (MarketWatch)

By Wallace Witkowski

Dell Technologies Inc. shares dropped in the extended session Thursday after the computer maker's earnings fell short of Wall Street expectations while the company's board initiated a dividend.

Dell (DELL) shares fell 9% after hours, following a 1.7% decline in the regular session to close at $55.84.

Dell reported a fourth-quarter loss of $29 million, or 4 cents a share from continuing operations, compared with net income of $695 million, or 90 cents a share, in the year-ago period.

Adjusted earnings, which excludes stock-based compensation expenses and other items, were $1.72 a share, compared with $1.76 a share in the year-ago period. Analysts surveyed by FactSet had forecast earnings of $1.95 a share.

Dell's revenue rose to $27.99 billion from $26.11 billion in the year-ago quarter, while analysts had forecast revenue of $27.5 billion.

The company also said its board initiated a dividend, starting at 33 cents a share for the quarter, payable on April 29 to shareholders of record as of April 20.

Over the past 12 months, Dell shares are up 35%, compared with a 9.3% rise in the S&P 500 index and a 0.9% decline in the tech-heavy Nasdaq Composite Index .

-Wallace Witkowski


(END) Dow Jones Newswires

February 24, 2022 20:43 ET (01:43 GMT)

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