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Hewlett Packard Enterprise Earnings Advance In Q3

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

Hewlett Packard Enterprise (HPE) revealed a profit for its third quarter that increased from the same period last year.

The company's bottom line came in at $392 million, or $0.29 per share. This compares with $9 million, or $0.01 per share, in last year's third quarter.

Excluding items, Hewlett Packard Enterprise reported adjusted earnings of $623 million or $0.47 per share for the period.

The company's revenue for the quarter rose 1.2% to $6.90 billion from $6.82 billion last year.

Hewlett Packard Enterprise earnings at a glance:

-Earnings (Q3): $623 Mln. vs. $467 Mln. last year.
-EPS (Q3): $0.47 vs. $0.36 last year.
-Revenue (Q3): $6.90 Bln vs. $6.82 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.44 to $0.52
Full year EPS guidance: $1.88 to $1.96

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