HPE: Q4 EPS up 12%
(CercleFinance.com) - On Thursday evening, Hewlett Packard Enterprise (HPE) reported adjusted EPS (non-GAAP) for Q4 2023-24 that is up 12% at $0.
58, slightly above its target range of $0.52 to $0.57.
The IT equipment and services group's revenues rose 15% to $8.5bn, with growth in the server (+32%) and hybrid cloud (+18%) divisions more than offsetting a 20% decline in the Intelligent edge division.
For Q1 2024-25, HPE anticipates adjusted EPS of between $0.47 and $0.52, and revenue growth in the middle of 10%-20% y-o-y.
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58, slightly above its target range of $0.52 to $0.57.
The IT equipment and services group's revenues rose 15% to $8.5bn, with growth in the server (+32%) and hybrid cloud (+18%) divisions more than offsetting a 20% decline in the Intelligent edge division.
For Q1 2024-25, HPE anticipates adjusted EPS of between $0.47 and $0.52, and revenue growth in the middle of 10%-20% y-o-y.
Copyright (c) 2024 CercleFinance.com. All rights reserved.