(Bloomberg) -- EMC Corp. reported sales and earnings that met analysts’ reduced estimates amid slowing demand for its storage devices, the week after the company agreed to a $67 billion takeover by Dell Inc.
Third-quarter profit excluding certain costs was 43 cents a share, EMC said in a statement Wednesday. Revenue rose less than 1 percent to $6.08 billion. Analysts on average had projected profit of 43 cents on sales of $6.07 billion, according to data compiled by Bloomberg. Analysts lowered their estimates after EMC gave a preliminary earnings report last week.
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