Hewlett Packard Enterprise Co.’s stock HPE initially climbed more than 3% in extended trading Thursday after the computing giant reported quarterly results that beat analyst revenue and earnings estimates. HPE reported fiscal first-quarter net earnings of $501 million, or 38 cents a share, compared with a net loss of $304 million, or 23 cents a share, in the year-ago quarter. Adjusted earnings were 63 cents a share. Net revenue was $7.8 billion, up 12% from $6.96 billion a year ago.
’s stock HPE initially climbed more than 3% in extended trading Thursday after the computing giant reported quarterly results that beat analyst revenue and earnings estimates. HPE reported fiscal first-quarter net earnings of $501 million, or 38 cents a share, compared with a net loss of $304 million, or 23 cents a share, in the year-ago quarter. Adjusted earnings were 63 cents a share. Net revenue was $7.8 billion, up 12% from $6.96 billion a year ago.