— 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.