HPE quarterly profit beats on demand for servers [CNBC]
Hewlett Packard Enterprise Company (HPE)
Last hewlett packard enterprise company earnings: 3/3 04:05 pm
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Source: CNBC
Source: Hewlett Packard Enterprise New server racks in the Hewlett Packard Enterprise Executive Briefing Center feature the new branding. Hewlett Packard Enterprise reported a better-than-expected quarterly profit and raised its full-year earnings forecast on Tuesday, helped by higher demand for its servers, storage and networking equipment. The company, created in 2015 from the breakup of Hewlett-Packard, said it now expects adjusted profit between $1.40 and $1.50 per share for 2018. The company had previously forecast profit of $1.35 to $1.45 per share. Revenue from Hybrid IT division, which houses servers, storage and data center networking products, rose 7 percent to $6.02 billion in the quarter ended April 30. Analysts on average had expected $6.07 billion, according to Thomson Reuters I/B/E/S. Net profit was $778 million, or 50 cents per share, in the second quarter ended April 30, compared with a loss of $612 million, or 37 cents per
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HPE
Earnings
- 2/29/24 - Beat
HPE
Sec Filings
- 4/25/24 - Form 4
- 4/24/24 - Form 144
- 4/23/24 - Form 4
- HPE's page on the SEC website