Categories AlphaGraphs, Earnings, Technology

Hewlett Packard (HPE): Q1 2020 Earnings Snapshot

— 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.

Hewlett Packard Enterprises reports Q1 2020 earnings results

— 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.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

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