HPE Earnings: Hewlett Packard Enterprise Q3 revenue rises modestly

Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) reported higher earnings and revenues for the third quarter of 2022. Third-quarter profit, excluding one-off items, edged up to $0.48 per share from $0.47 per share a year earlier and matched the consensus forecast. Reported profit was $409 million or $0.31 per share in the three-month […]

August 30, 2022 1 min read

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Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) reported higher earnings and revenues for the third quarter of 2022. Third-quarter profit, excluding one-off items, edged up to $0.48 per share from $0.47 per share a year earlier and matched the consensus forecast. Reported profit was $409 million or $0.31 per share in the three-month […]
· August 30, 2022

Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) reported higher earnings and revenues for the third quarter of 2022.

Hewlett Packard Enterprise Q3 2022 earnings infographic

Third-quarter profit, excluding one-off items, edged up to $0.48 per share from $0.47 per share a year earlier and matched the consensus forecast. Reported profit was $409 million or $0.31 per share in the three-month period, compared to $392 million or $0.29 per share in the same period of 2021.

Check this space to read management/analysts’ comments on Hewlett Packard’s Q3 2022 results

The company said its revenues increased 1% annually to $6.95 billion in the third quarter, slightly missing analysts’ estimates. The management also provided guidance for the fourth quarter of 2022.