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
For comments and feedback: editorial@rttnews.com