HP Enterprise Gives Upbeat Outlook, Buoyed by Software Push [Bloomberg Business News]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Bloomberg Business News
Hewlett Packard Enterprise Co. gave a forecast for the current quarter that topped some Wall Street estimates, signaling that it’s benefiting from recent cost cuts and a push into software and computer services aimed at lessening its dependence on hardware. Profit excluding certain costs will be 35 cents to 39 cents a share in the fiscal third quarter, the Palo Alto, California-based company said in a statement Tuesday. Analysts had projected 36 cents on average, according to data compiled by Bloomberg. Second-quarter revenue and profit also exceeded analysts’ average projections, and HPE shares gained in extended trading following the report. HPE Chief Executive Officer Antonio Neri has sought to diversify the hardware maker from the servers and storage solutions that generate most of its revenue. He’s tried to reshape the company into a hybrid-cloud and networking player by developing offerings for the internet-of-things and boosting its software products.
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HPQ
Earnings
- 2/28/24 - In-Line
HPQ
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- 4/25/24 - Form 8-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- HPQ's page on the SEC website