Categories AlphaGraphs, Earnings, Technology
HPE Earnings: Hewlett Packard Q2 profit drops but beats Street view
Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) on Thursday reported a year-over-year decline in earnings for the second quarter of 2024. Earnings, however, topped expectations.
April-quarter profit, excluding one-off items, dropped to $0.42 per share from $0.52 per share a year earlier but came in above consensus estimates. On a reported basis, net income was $314 million or $0.24 per share in Q2, compared to $418 million or $0.32 per share in the same period of 2023.
The tech firm’s revenues increased to $7.20 billion in the second quarter from $6.97 billion in the prior-year period, reflecting strong performance by the core operating 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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
