Dell Technologies Inc. (DELL) Morgan Stanley Technology, Media & Telecom Conference (Transcript)

Dell Technologies Inc. (NYSE:DELL) Morgan Stanley Technology, Media & Telecom Conference March 5, 2025 1:45 AM ET

Company Participants

Yvonne McGill – EVP and CFO

Conference Call Participants

Erik Woodring – Morgan Stanley

Erik Woodring

Again, thank you everyone for coming to the conference Day 3 today. Just introduce myself. My name is Erik Woodring. I lead Morgan Stanley’s U.S. IT hardware coverage based out in New York.

Before I get into introducing our speaker, two things. So on the Morgan Stanley side, for important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. If you have any questions, please reach out to your Morgan Stanley sales representative. And then from the Dell side, Dell Technologies’ statements that may relate to future results and events are forward-looking statements based on the company’s current expectations. Actual results and events could differ materially due to a number of risks and uncertainties, including those discussed in the company’s SEC filings. The company assumes no obligation to update its forward-looking statements.

With that, I am very pleased to welcome Yvonne McGill, CFO of Dell to the stage. You are responsible for everything within Dell Finance. You joined the company, let’s call it – you’ve been around for a while.

Yvonne McGill

Yes.

Erik Woodring

You know the company very well. But you became – you were CFO of the ISG business prior to stepping in and taking the role of CFO a few years ago. So thank you for joining us.

Yvonne McGill

Yes, thank you. Yes, I’ve been at the company 27 plus years now. So it’s been quite an exciting journey.

Erik Woodring

Quite a journey.

Yvonne McGill

Yes.

Question-and-Answer Session

Q -Erik Woodring

So I think what would be maybe most helpful for this conversation is starting from the