Categories AlphaGraphs, Earnings, Technology
Hewlett Packard reports higher Q4 2024 revenue and profit; results beat estimates
Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) Thursday reported higher revenues and adjusted earnings for the fourth quarter of 2024.
October-quarter profit, excluding one-off items, moved up to $0.58 per share from $0.52 per share a year earlier and came in above consensus estimates. On a reported basis, net income was $1.34 billion or $0.99 per share in Q4, compared to $642 million or $0.49 per share in the same period of 2023.
The tech firm’s revenues increased to $8.46 billion in the fourth quarter from $7.35 billion in the prior-year period and topped expectations, aided by strong growth in the core Server segment.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Micron (MU) projects record Q3 revenue, powered by strong HBM sales
Micron’s (NASDAQ: MU) second-quarter report underscores its leadership position in high-bandwidth memory (HBM) chips and AI-driven data center solutions. The expanding portfolio of high-margin products gives the memory chipmaker a
FedEx (FDX): Uncertain demand environment and inflationary pressures dampen outlook
Shares of FedEx Corp. (NYSE: FDX) were down 6% on Friday after the company reported its earnings results for the third quarter of 2025 and lowered its outlook for the
NKE Earnings: Nike reports lower sales for Q3 2025
NIKE, Inc. (NYSE: NKE) has reported a decline in earnings for the third quarter of 2025, hurt by a slowdown in sales across all major markets and operating segments. The
