— 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
Adobe Inc. (ADBE) Stock: Should you invest in this recession-proof tech firm?
Adobe, Inc. (NASDAQ: ADBE) has been dominating the design software space for quite some time, all along staying resilient to macroeconomic fluctuations and market headwinds. The company’s cloud-based applications, offered
Brilliant Earth IPO: Here are a few points to note about this jewelry company that goes public next week
Jewelry has always played a significant role in people’s lives. As life begins to go back to normal after the pandemic and people start attending social events, they are looking
Kontrol Technologies CEO Paul Ghezzi: Our focus is on reinvesting for growth
Tell us about BioCloud, how it’s different from any alternate existing products, and your distribution model. BioCloud exists as a part of Kontrol Technologies and is an innovation within our
