Dell Reports Preliminary Revenue of $14.4 Billion

ROUND ROCK, Texas--(BUSINESS WIRE)--Dell (NASDAQ:DELL - News) reported preliminary results for the third quarter of fiscal year 2007, with revenue of $14.4 billion, operating income of $824 million, and earnings per share of $0.30. Dell ended the quarter with $11.6 billion in cash and investments. Commercial paper outstanding at the end of the quarter totaled $236 million. The company suspended its share repurchase program in mid-September and, therefore, only spent $335 million to repurchase 15 million shares.