Dell Withdraws Guidance for FY21

Here in an abstract of a SEC filing published on March 26, 2020 by Dell Technologies Inc.:

As part of its fourth quarter earnings announcement on February 27, 2020, Dell Technologies Inc. provided financial guidance for full year fiscal 2021.

While the company currently is seeing heightened interest in work from home solutions and continuing execution in its global supply chain, and remains confident in its liquidity position, the company is unable to predict the extent to which the global COVID-19 pandemic may adversely impact its business operations, financial performance and results of operations for the current fiscal year.

As a result of the rising level of uncertainty resulting from the pandemic, the company has determined to withdraw its previously issued FY21 financial guidance.

The company plans to provide more information during its first quarter earnings call based on the information available at that time.