Hewlett Packard Enterprise (HPE) announced a profit for first quarter that Drops, from last year
The company's bottom line came in at $452 million, or $0.31 per share. This compares with $627 million, or $0.44 per share, last year.
Excluding items, Hewlett Packard Enterprise reported adjusted earnings of $930 million or $0.65 per share for the period.
The company's revenue for the period rose 18.6% to $9.30 billion from $7.84 billion last year.
Hewlett Packard Enterprise earnings at a glance (GAAP) :
-Earnings: $452 Mln. vs. $627 Mln. last year.-EPS: $0.31 vs. $0.44 last year.-Revenue: $9.30 Bln vs. $7.84 Bln last year.
-Guidance:Next quarter EPS guidance: $ 0.51 To $ 0.55Next quarter revenue guidance: $ 9.6 B To $ 10.0 BFull year EPS guidance: $ 2.30 To $ 2.50Full year revenue guidance: 17 % To 22 %
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.