Hewlett Packard Enterprise (HPE) Tops Q4 EPS by 3c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus, Offers 1Q EPS Outlook Above Consensus

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Go back to Hewlett Packard Enterprise (HPE) Tops Q4 EPS by 3c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus, Offers 1Q EPS Outlook Above Consensus

HPE Reports Fiscal 2020 Fourth Quarter

December 1, 2020 4:05 PM EST

Strong rebound in revenue; raising FY21 EPS outlook

Q4 2020 Financial Highlights:

Revenue: returned to pre-pandemic levels of $7.2 billion, up 6% from the prior quarter and flat from the prior-year period Significant acceleration in growth businesses and strong as-a-service momentum HPC & MCS revenue: $975 million, up 50% from the prior quarter and 25% from the prior-year period Intelligent Edge revenue: $786 million, up 15% from the prior quarter and 6% from the prior-year period Annualized revenue run-rate (ARR): $585 million, up 11% from the prior quarter and 30% from the prior-year... More