UPDATE: HP Enterprise (HPE) Seen as Inexpensive; Bernstein Upgrades to 'Outperform'
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HPE Reports Fiscal 2016 First Quarter Results
March 3, 2016 4:05 PM ESTPALO ALTO, CA -- (Marketwired) -- 03/03/16 -- Hewlett Packard Enterprise (NYSE: HPE)
Delivers third consecutive quarter of year over year revenue growth in constant currency Increases commitment to return at least 100% of FY16 free cash flow outlook to shareholders First quarter net revenue of $12.7 billion, up 4% from the prior-year period on a constant currency basis and down 3% as reported First quarter non-GAAP diluted net earnings per share of $0.41, at the top end of the previously provided outlook of $0.37 to $0.41 per share First quarter GAAP diluted net earnings per share... More