Hewlett Packard Enterprise (HPE) Tops Q3 EPS by 9c, Offers Q4 Guidance

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Go back to Hewlett Packard Enterprise (HPE) Tops Q3 EPS by 9c, Offers Q4 Guidance

HPE Reports Q3 Results

August 25, 2020 4:05 PM EDT

Quarter marked by strong execution and sequential growth

Company declares Q4 dividend

Q3 2020 Financial Highlights:

Revenue: $6.8 billion, up 13% sequentially or 14% when adjusted for currency Gross Profit: $2.1 billion, up 8% sequentially Operating Profit: GAAP of $12 million, up 101% sequentially and Non-GAAP of $484 million, up 33% sequentially Annualized revenue run-rate (ARR): $528 million, up 11% from the prior-year period Diluted net earnings per share: GAAP of $0.01 due to the acceleration of transformation program, compared to ($0.02) from the prior-year period Non-GAAP of $0.32, compared to $0.45 from the... More