Hewlett Packard Enterprise (HPE) Reports In-Line Q1 EPS, Revenues Miss; Provides FY20 EPS Guidance Below Consensus
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HPE Reports Q1 Results
March 3, 2020 4:05 PM ESTContinued progress against strategic priorities in dynamic environment
Q1 2020 Financial Highlights:
Revenue: $6.9 billion with growth in areas of investment, including Intelligent Edge and as-a-Service offerings Annualized revenue run-rate (ARR): $511 million, up 19% from the prior-year period Gross margin: GAAP of 32.8%, up 170 basis points from the prior-year period and Non-GAAP of 33.2%, up 210 basis points from the prior-year period Diluted net earnings per share: GAAP of $0.25, compared to $0.13 and up 92% from the prior-year period and above the previously provided outlook of $0.20 to $0.24 per... More