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Hewlett Packard Shares Climb On Better-Than-Expected Q2 Results
Hewlett Packard Enterprise Co (NYSE:HPE) reported better-than-expected second-quarter financial results after the bell Tuesday. Here's a look at the highlights from the report.
The Details: Hewlett Packard Enterprise reported quarterly earnings of 42 cents per share, which beat the analyst consensus estimate of 39 cents by 7.69%.
Quarterly sales clocked in at $7.2 billion which beat the analyst consensus estimate of $6.823 billion by 5.53% and represents growth of 3.26% over sales of $6.973 billion from the same period last year.
Server revenue was $3.9 billion, up 18% from the prior-year period, with 11% operating profit margin, compared to 14.4% from the prior-year period.
Intelligent Edge revenue was $1.1 billion, down 19% from the prior-year period, with ...