Hewlett Packard Enterprise shares edge up on slight revenue, earnings beat

Hewlett Packard Enterprise Co.’s HPE, +0.42% stock inched up 1% in extended trading Tuesday after the computing giant reported quarterly results that edged analyst revenue and earnings estimates. HPE reported fiscal third-quarter net earnings of $464 million, or 35 cents a share, compared with net earnings of $418 million, or 32 cents a share, in the year-ago quarter.

Adjusted earnings were 49 cents a share. Revenue improved slightly to $7 billion from $6.95 billion a year ago. Analysts surveyed by FactSet had expected on average net earnings of 47 cents a share on revenue of $6.99 billion. HPE is forecasting fourth-quarter revenue of $7.2 billion to $7.5 billion, while FactSet analysts expect about $7.5 billion. Shares of HPE have gained 6% this year, while the broader S&P 500 index SPX, +1.45% is up 17%.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

OpenAI launches ChatGPT Enterprise, the company's biggest announcement since ChatGPT's debutOpenAI on Monday announced its biggest news since ChatGPT’s debut: It’s launching ChatGPT Enterprise, the AI chatbot’s business tier, available starting today.
Bron: NBCDFW - 🏆 288. / 63 Lees verder »