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Hewlett Packard beats Q2 revenue estimates on AI demand

Hewlett Packard beats Q2 revenue estimates on AI demand; records $1.36 billion charge

Hewlett Packard Enterprise beat Wall Street revenue estimates for the second quarter on Tuesday, driven by demand for its artificial-intelligence servers and hybrid cloud segment. Shares of the server-maker,

AOL · 9h

Hewlett Packard Enterprise beats quarterly revenue estimates

HPE has benefited from a surge in spending on advanced data center architecture, designed to support the complex processing needs of generative AI. The boom in GenAI has bumped up demand for HPE's AI-optimized servers,

Yahoo Finance · 12h

Hewlett Packard Enterprise: Fiscal Q2 Earnings Snapshot

Hewlett Packard Enterprise Co. (HPE) on Tuesday reported a loss of $1.05 billion in its fiscal second quarter. The Spring, Texas-based company said it had a loss of 82 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs,

Nasdaq6mon

Hewlett Packard Enterprise Q4 Profit Increases, Beats Estimates

(RTTNews) - Hewlett Packard Enterprise (HPE) reported a profit for its fourth quarter that increased from the same period last year and beat the Street estimates. The company's bottom line came in ...

Yahoo Finance5mon

Hewlett Packard Enterprise Full Year 2024 Earnings: EPS Beats Expectations

Revenue: US$30.1b (up 3.4% from FY 2023). Net income: US$2.55b (up 26% from FY 2023). Profit margin: 8.5% (up from 7.0% in FY 2023). The increase in margin was driven by higher revenue. EPS: US$1. ...

Channel NewsAsia Singapore6mon

Hewlett Packard Enterprise beats quarterly results estimates on strong AI server demand

Hewlett Packard Enterprise beat Wall Street expectations for fourth-quarter revenue and profit on Thursday, as it benefits from strong demand for its servers used to power artificial intelligence ...

The Motley Fool2mon

Why Hewlett Packard Enterprise Stock Tanked Today

Hewlett Packard Enterprise beat on sales, but missed (barely) on earnings last night. HP Enterprise also forecast Q2 and full-year numbers, and the next time it reports, it could miss by a lot.

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