Hewlett Packard Enterprise (HPE) Tops Q2 EPS by 4c; Raises Outlook
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HPE Reports Fiscal 2021 Second Quarter Results
June 1, 2021 4:05 PM EDTQ2 marked by revenue growth, strong profitability and cash flow; raising FY21 EPS and FCF outlook
Q2 2021 Financial Highlights:
Revenue: $6.7 billion, up 11% from the prior-year period or 9% when adjusted for currency with better than normal sequential seasonality driven by strong demand Annualized revenue run-rate (ARR): $678 million, up 30% from the prior-year period Intelligent Edge revenue: $799 million, up 20% from the prior year period or 17% when adjusted for currency HPC & MCS revenue: $685 million, up 13% from the prior-year period or 11% when adjusted for currency Core businesses delivered revenue... More