Hewlett Packard Enterprise (HPE) announced a profit for third quarter that Decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $305 million, or $0.21 per share. This compares with $512 million, or $0.38 per share, last year.
Excluding items, Hewlett Packard Enterprise reported adjusted earnings of $631 million or $0.44 per share for the period.
Analysts on average had expected the company to earn $0.42 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 18.5% to $9.136 billion from $7.710 billion last year.
Hewlett Packard Enterprise earnings at a glance (GAAP) :
-Earnings: $305 Mln. vs. $512 Mln. last year.-EPS: $0.21 vs. $0.38 last year.-Revenue: $9.136 Bln vs. $7.710 Bln last year.
-Guidance:Next quarter EPS guidance: $0.56 - $0.60Next quarter revenue guidance: $9.7 - $10.1 BlnFull year EPS guidance: $1.88 - $1.92
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