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This article first appeared on GuruFocus. Release Date: November 05, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Gross profit increased 20%, adjusted earnings from operations grew 23%, and adjusted diluted EPS increased 34%. Infrastructure hardware gross profit surged more than 50%, driven by demand for servers, storage, and networking as clients modernize for AI. Cloud gross profit rose 26%, with exceptional performance in the Microsoft business. Core services gross profit grew 21%, and devices revenue increased over 30% due to market share gains.
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