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
CRM Earnings: Salesforce Q3 revenue up 8.6%; earnings beat estimates
Customer relationship management platform Salesforce, Inc. (NYSE: CRM) on Wednesday reported stronger-than-expected earnings for the third quarter of fiscal 2026. Revenues increased 8.6%. Adjusted net income increased to $3.25 per
Cloud Growth and AI Demand in focus as Oracle gears up for Q2 earnings
Technology giant Oracle Corporation (NYSE: ORCL) began the new fiscal year on a mixed note, reporting Q1 FY26 results that grew year over year but fell short of market expectations.
Key takeaways from Macy’s (M) Q3 2025 earnings report
Shares of Macy’s, Inc. (NYSE: M) gained over 1% in mid-day trade on Wednesday after falling earlier in the day despite the company delivering better-than-expected results for the third quarter
