dell technologies inc shares dropped in the extended session thursday after the computer maker’s earnings fell short of wall street expectations while the company’s board initiated a dividend dell dell shares fell more than 7 after hours following a 17 decline in the regular session to close at 5584 dell reported a fourthquarter loss of 29 million or 4 cents a share from continuing operations compared with net income of 695 million or 90 cents a share in the yearago period adjusted earnings which excludes stockbased compensation expenses and other items were 172 a share compared with 176 a share in the yearago period analysts surveyed by factset had forecast earnings of 195 a share dell’s revenue rose to 2799 billion from 2611 billion in the yearago quarter while analysts had forecast revenue of 275 billion the company also said its board initiated a dividend starting at 33 cents a share for the quarter payable on april 29 to shareholders of record as of april 20 over the past 12 months dell shares are up 35 compared with a 93 rise in the sp 500 index spx and a 09 decline in the techheavy nasdaq composite index comp 