EMC quarterly revenue falls marginally

Reuters News
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Posted: Jan 27, 2016 7:18 AM

(Reuters) - Data storage products maker EMC Corp reported a marginal 0.5 percent fall in quarterly revenue due to lower sales in its traditional data-storage business and a strong dollar.

Net income attributable to EMC fell to $771 million, or 39 cents per share, in the fourth quarter ended Dec. 31, from $1.15 billion, or 56 cents per share, a year earlier.

Revenue for the company, which is being acquired by Dell Inc [DI.UL], fell to $7.01 billion from $7.05 billion.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Shounak Dasgupta)