Categories AlphaGraphs, Earnings, Technology
Hewlett Packard (HPE) Q1 2023 revenue, and earnings beat Street view
Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) has reported higher earnings and revenues for the first quarter of 2023. The results also exceeded analysts’ forecasts.
First-quarter profit, excluding one-off items, moved up to $0.63 per share from $0.53 per share a year earlier and came in above consensus estimates. On a reported basis, net income was $501 million or $0.38 per share in the three-month period, compared to $513 million or $0.39 per share in the same period of 2022.
Check this space to read management/analysts’ comments on Hewlett Packard’s Q1 results
The tech firm’s revenues increased 12% annually to $7.8 billion in the first quarter, beating analysts’ estimates. The management also provided guidance for the second quarter and full year of 2023.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
