HPE stock moves higher on Q2 earnings, full-year guidance

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Julie Hyman Berita

Hewlett Packard Enterprise,Josh Lipton,Market Domination

Hewlett Packard Enterprise (HPE) are on a run higher after Tuesday's market close upon reporting its fiscal second-quarter earnings, posting $7.20 billion in...

) are on a run higher after Tuesday's market close upon reporting its fiscal second-quarter earnings, posting $7.20 billion in revenue and adjusted earnings of $0.42 per share .So let's break down those numbers and the numbers look strong, as you can tell, probably from the share reaction up 8% here, uh, the company coming out with its fiscal second quarter net revenue that rose 3% to $7.2 billion.

I haven't seen, um, the release yet, but also, obviously you're looking for any kind of updates on that pending Juniper acquisition.Um, so lot lots of questions for the CEO on the call. You see the likes of an NVIDIA that just has, you know, triple digit digit revenue gains every quarter.Um, you know, they're getting sort of pieces of that, but we'll see if they if they get to that for H. PE was interesting because when it comes to a I, there were certainly folks who thought, Listen, they've they've got what they need to succeed there.

"The current upcycle started in late'23, so we are only in quarter 3, implying strength likely till mid-26E," Bank of America wrote on Monday.Indian Stocks Lose $386 Billion as Polls Tighter Than Forecast

 

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