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Hewlett Packard Enterprise Q1 adjusted earnings of $0.52 per share

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Hewlett Packard Enterprise (HPE) announced earnings for first quarter that dropped from the same period last year.

The company's bottom line totaled $223 million, or $0.17 per share. This compares with $333 million, or $0.25 per share, in last year's first quarter.

Excluding items, Hewlett Packard Enterprise reported adjusted earnings of $679 million or $0.52 per share for the period.

The company's revenue for the quarter fell 1.7% to $6.83 billion from $6.95 billion last year.

Hewlett Packard Enterprise earnings at a glance:

-Earnings (Q1): $679 Mln. vs. $657 Mln. last year.
-EPS (Q1): $0.52 vs. $0.50 last year.
-Revenue (Q1): $6.83 Bln vs. $6.95 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.38 to $0.44
Full year EPS guidance: $1.70 to $1.88

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