Categories AlphaGraphs, Earnings, Technology

Hewlett Packard Q3 2024 revenue and profit rise; beat estimates

Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) reported an increase in revenues and adjusted earnings for the third quarter of 2024.

Hewlett Packard Q3 2024 earnings infographic

July-quarter profit, excluding one-off items, moved up to $0.50 per share from $0.49 per share a year earlier and came in above consensus estimates. On a reported basis, net income was $512 million or $0.38 per share in Q3, compared to $464 million or $0.35 per share in the same period of 2023.

The tech firm’s revenues increased to $7.7 billion in the third quarter from $7.0 billion in the prior-year period and topped expectations, reflecting strong performance by the main Server segment.

Prior Performance

  • Hewlett Packard Q2 2024 earnings infographic
  • Hewlett Packard Enterprises Q1 2024 Earnings Infographic

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