Markets HPE

Hewlett Packard Enterprise Bottom Line Drops In Q4

(RTTNews) - Hewlett Packard Enterprise (HPE) announced a profit for fourth quarter that Drops, from the same period last year

The company's bottom line came in at $146 million, or $0.11 per share. This compares with $1.341 billion, or $0.99 per share, last year.

Excluding items, Hewlett Packard Enterprise reported adjusted earnings of $893 million or $0.62 per share for the period.

The company's revenue for the period rose 14.4% to $9.679 billion from $8.458 billion last year.

Hewlett Packard Enterprise earnings at a glance (GAAP) :

-Earnings: $146 Mln. vs. $1.341 Bln. last year. -EPS: $0.11 vs. $0.99 last year. -Revenue: $9.679 Bln vs. $8.458 Bln last year.

-Guidance: Next quarter EPS guidance: $0.57 to $0.61 Next quarter revenue guidance: $9 Bln - $9.4 Bln

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available