Hewlett Packard Enterprise (HPE) Tops Q3 EPS by 5c; Lifts Outlook

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Go back to Hewlett Packard Enterprise (HPE) Tops Q3 EPS by 5c; Lifts Outlook

HPE Reports Fiscal 2021 Third Quarter Results

September 2, 2021 4:05 PM EDT

Q3 marked by strong orders, profitability and free cash flow
Raising FY21 EPS and FCF outlook; Reinstating share repurchases

Q3 2021 Financial Highlights:

Orders: Strengthening demand accelerates growth, up strong double-digits from the prior-year period and year-to-date up 11% from the prior-year period Revenue: $6.9 billion, up 3% sequentially and in-line with Q3 outlook of normal sequential seasonality; up 1% from the prior-year period Intelligent Edge revenue: $867 million, up 27% from the prior-year period HPC & MCS revenue: $741 million, up 11% from the prior-year period Annualized revenue run-rate (ARR): $705 million, up 33% from the... More