Dell

(DELL) - Get Report

will reaffirm guidance at its annual meeting in New York on Thursday, the company said after the close Wednesday.

Dell will back first-quarter guidance originally provided on Feb. 13, calling for revenue of $9.5 billion and earnings of 23 cents per share. The sales guidance reflects a sequential decline of 2% but growth of 18% from year-ago levels.

TST Recommends

Earnings are expected to rise 35% from the same period last year.

"We're seeing double-digit year-over-year revenue growth in all regional markets and customer segments," said president Kevin Rollins in a statement. He said Dell will capitalize on the growing market in standards-based enterprise computing based on Windows and Linux.

Shares closed up 92 cents, or 3.4%, to $28.13.