Categories AlphaGraphs, Earnings, Technology
HPE Earnings: Hewlett Packard Q1 2024 profit drops but beats Street view
Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) on Thursday reported lower earnings and revenues for the first quarter of 2024. Earnings, however, exceeded analysts’ forecasts.
First-quarter profit, excluding one-off items, dropped to $0.48 per share from $0.63 per share a year earlier but came in above consensus estimates. On a reported basis, net income was $387 million or $0.29 per share during the three months, compared to $501 million or $0.38 per share in the same period of 2023.
The tech firm’s revenues decreased to $6.76 billion in the first quarter from 7.80 billion in the prior-year period. The top line missed estimates.
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
Alibaba Group (BABA) Q2 2025 Earnings: Key financials and quarterly highlights
Alibaba Group Holding Limited (NYSE: BABA) reported its second quarter 2025 earnings results today. Revenue was $33.7 billion, up 5% year-over-year. Net income attributable to ordinary shareholders grew 58% to
AMAT Earnings: Applied Materials Q4 revenue and profit increase YoY
Applied Materials, Inc. (NASDAQ: AMAT) announced financial results for the fourth quarter of 2024, reporting an increase in revenue and adjusted earnings. Adjusted earnings of the semiconductor technology company increased
What to expect when Target (TGT) reports its Q3 2024 earnings results
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday. The stock has gained 9% over the past three months. The retailer is scheduled to report its earnings results for
