— Hewlett Packard Enterprises (NYSE: HPE) reported Q1 2020 earnings of $0.44 per share, vs. $0.44 expected.
— Revenues fell 8% to $6.9 billion, vs. $7.24 billion expected.
— Annualized revenue run rate (ARR) rose 19% to $511 million.
— Intelligent Edge revenues totaled $720 million, up 4% when adjusted for currency.
— Compute revenues were $3 billion, down 15% when adjusted for currency.
— HPC & MCS revenue increased 6% on a currency-adjusted basis to $823 million.
— Storage revenues fell 7% to $1.3 billion on a currency-adjusted basis.
— Advisory & Professional Services revenues remained flat at $243 million.
— Financial Services revenue fell 6% on a currency-adjusted basis to $859 million.
— FY2020 GAAP EPS is expected to be $1.01 to $1.17.
— FY2020 adjusted EPS is expected to be $1.78 to $1.94.
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and
