Dell Inc. reported better-than-expected profit and margins and raised its yearly outlook for operating income growth, but sales came in below Wall Street’s forecast despite solid demand from large corporations.

The personal computer maker reported net earnings for the third quarter ended Oct. 29 of $822 million, or 42 cents a share, up from $337 million, or 17 cents a share, a year earlier.
Excluding items, Dell earned 45 cents a share, better than the average analyst estimate of 32 cents a share, according to Thomson Reuters I/B/E/S.

Revenue rose 19 percent, to $15.4 billion, below Wall Street’s estimate of $15.76 billion.

Dell said it expects full-year revenue to track toward the mid-point of the 14 to 19 percent range it set earlier in the year and non-GAAP operating income to grow between 28 and 32 percent, which was above its earlier forecast.

Shares of Round Rock, Texas-based Dell closed at $13.67, up 2.4 percent in the regular session before the earnings report, and were halted in after-hours trading.