Hewlett Packard Enterprise's first quarter results are mixed, with network sales surging over 151%

格隆汇2026/03/10 01:48

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Golden Ten Data, March 10｜Server and cloud software company Hewlett Packard Enterprise announced that for the fiscal quarter ended January, revenue increased by 18% year-on-year to $9.3 billion, slightly below analysts' expectations of $9.35 billion; net profit was $423 million, and adjusted earnings per share were $0.65, higher than analysts' expectations of $0.59. During the period, network sales surged by more than 151% to $2.706 billion. Cloud and artificial intelligence revenue fell by 2.7% to $6.334 billion, mainly due to a decline in server sales. Looking ahead to fiscal year 2026, the company reaffirmed its full-year overall revenue growth forecast of 17% to 22%, and raised its network revenue growth forecast to 68% to 73%; adjusted earnings per share are expected to be between $2.3 and $2.5, an increase of $0.05 from the previous guidance, while analysts expect $2.35.

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Procore: Director Kevin J. O’Connor reported selling 15,384 common shares on Oct. 5-6. Sales prices ranged from $52.83 to $55.08 per share. Indirect holding fell to 908,286 shares, held via the Kevin J. O’Connor Revocable Trust. O’Connor also reported 21,344 shares held directly. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Procore Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-065378), on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/08 00:37

Microsoft (MSFT.US) launches new flagship laptop! Equipped with Nvidia chips, certain AI tasks outperform Apple MacBook.

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智通财经•2026/10/08 00:36