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HPE Earnings: All you need to know about Hewlett Packard Enterprise Q2 2022 earnings results

Hewlett Packard Enterprise (NYSE: HPE) reported second quarter 2022 earnings results today.

Net revenue inched up 0.2% year-over-year to $6.7 billion. Revenue growth was 1.5% when adjusted for currency.

GAAP EPS of $0.19 remained flat from the prior-year period while adjusted EPS amounted to $0.44 compared to $0.46 last year.

Both revenue and earnings missed expectations, sending the stock down 6% in after-market hours on Wednesday.

Annualized revenue run-rate (ARR) was up 25% YoY to $829 million.

For FY2022, HPE expects revenues to grow 3-4% adjusted for currency.

Prior performance

Hewlett Packard Enterprise Company Q1 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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