ROUND ROCK, Texas (AP) — Dell Technologies Inc. (DELL) on Thursday reported fiscal second-quarter net income of $1.05 billion.

On a per-share basis, the Round Rock, Texas-based company said it had net income of $1.37. Earnings, adjusted for non-recurring costs, were $1.92 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share.

The computer and technology services provider posted revenue of $22.73 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $22.5 billion.

Dell Technologies shares have increased 21% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $62.43, an increase of 35% in the last 12 months.