HPE CEO explains what led to Q4 earnings beat
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Hewlett Packard Enterprise (HPE) reported better-than-expected fiscal Q4 earnings, with record-high revenue of $8.46 billion, up 15% year over year, and adjusted earnings of $0.58 per share. This led to a 10% increase in HPE's stock price.
December 07, 2024 | 1:30 am
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Hewlett Packard Enterprise (HPE) reported a strong fiscal Q4, surpassing earnings and revenue expectations. Revenue reached a record $8.46 billion, a 15% increase year over year, and adjusted earnings were $0.58 per share. This positive performance led to a 10% rise in HPE's stock price.
HPE's better-than-expected earnings and revenue results indicate strong business performance, leading to a significant 10% increase in stock price. The record revenue and earnings beat suggest positive investor sentiment and potential for continued growth.
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