Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of Hewlett Packard’s (HPE) Q4 2021 earnings report
Technology firm Hewlett Packard Enterprise Company (NYSE: HPE) Tuesday reported higher earnings and revenues for the fourth quarter of 2021. Earnings also surpassed the consensus forecast, while revenues missed.
Fourth-quarter earnings, adjusted for special items, rose to $0.52 per share from $0.41 per share in the corresponding period of last year. Net profit was $2.55 billion or $1.91 per share, compared to $157 million or $0.12 per share in the fourth quarter of 2020. The bottom-line also came in above estimates.
At $7.35 billion, revenues were up 2% year-over-year in the final three months of fiscal 2021. Analysts had predicted a slightly bigger growth.
Read management/analysts’ comments on HPE’s Q4 report
Shares of Hewlett Packard have gained around 21% since the beginning of the year. The stock closed Tuesday’s regular session lower.
Prior Performance
Most Popular
Microsoft (MSFT) becomes a compelling buy after strong earnings, Activision deal
Microsoft Corp. (NASDAQ: MSFT) is one of the most innovative technology companies, constantly transforming the business to align with the rapidly changing digital economy. While aggressively participating in the digital
Microsoft (MSFT) Q2 revenue up 20%, earnings beat estimates
Software giant Microsoft Corp. (NASDAQ: MSFT) on Tuesday reported higher revenues and earnings for the second quarter of 2022. The results also topped expectations. At $51.7 billion, second-quarter revenues were
NFLX Stock: What the slowdown in subscriber growth means for Netflix
When online platforms thrived on the unusually strong traffic growth during the shutdown, as home-bound people turned to video-streaming and gaming sites, there was speculation that the trend might reverse
