Dell said it earned $731 million, or 28 cents per share, in the three months ended April 30 compared with $598 million, or 23 cents per share, a year earlier.

That matched the forecast of analysts surveyed by Thomson First Call and Dell's own prediction from last month, when the company said overseas sales were stronger than expected.

Revenue rose to $11.54 billion from $9.53 billion a year ago. That beat the company's own forecast of $11.4 billion issued last month.

The company said it expected to earn 29 cents per share in the May-July period and it forecast second-quarter revenue to climb to $11.7 billion, up 20 percent from the same time last year.

Dell said it spent $1.1 billion to buy back its own stock in the quarter and ended the period with $11.9 billion in cash and investments.

By: DocMemory
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