Hewlett Packard Enterprise's first quarter results are mixed, with network sales surging over 151%
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Golden Ten Data, March 10|Server and cloud software company Hewlett Packard Enterprise announced that for the fiscal quarter ended January, revenue increased by 18% year-on-year to $9.3 billion, slightly below analysts' expectations of $9.35 billion; net profit was $423 million, and adjusted earnings per share were $0.65, higher than analysts' expectations of $0.59. During the period, network sales surged by more than 151% to $2.706 billion. Cloud and artificial intelligence revenue fell by 2.7% to $6.334 billion, mainly due to a decline in server sales. Looking ahead to fiscal year 2026, the company reaffirmed its full-year overall revenue growth forecast of 17% to 22%, and raised its network revenue growth forecast to 68% to 73%; adjusted earnings per share are expected to be between $2.3 and $2.5, an increase of $0.05 from the previous guidance, while analysts expect $2.35.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Autodesk Expands AI Partnership With Arcadis
MT newswire•2026/09/28 07:38
Rig Tenders releases 2026 Annual and Sustainability Report
Bitget•2026/09/28 07:28
Spot gold drops over 3%, COMEX gold futures plunge over 3%.
AiCoin•2026/09/28 07:25
TKG Huchems signs KRW 337.82 billion nitric acid supply contract for Indonesia
Bitget•2026/09/28 07:17
Crypto prices
MoreBitcoin
BTC
$82,939.52
-1.86%
Ethereum
ETH
$2,643.97
-2.33%
Tether USDt
USDT
$0.9995
-0.02%
BNB
BNB
$761
-1.86%
XRP
XRP
$1.47
-3.44%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$118.23
-2.78%
TRON
TRX
$0.3334
+0.05%
Zcash
ZEC
$1,539.96
-7.35%
Hyperliquid
HYPE
$89.04
-4.19%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now