Hewlett Packard Enterprise (HPE) Tops Q1 EPS by 11c, Offers Q2 and FY Guidance
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HPE Reports Fiscal 2021 First Quarter Results
March 2, 2021 4:05 PM ESTQ1 marked by strong profitability and cash flow; raising FY21 EPS and FCF outlook
Q1 2021 Financial Highlights:
Revenue: $6.8 billion exceeded Q1 outlook with stronger than normal sequential seasonality Intelligent Edge revenue: $806 million, up 11% from the prior-year period when adjusted for currency Annualized revenue run-rate (ARR): $649 million, up 27% from the prior-year period Core businesses delivered strong profitability and cash flow Diluted net earnings per share (EPS): GAAP of $0.17, above the previously provided outlook of $0.02 to $0.06 per share Non-GAAP of $0.52, above the... More