Hewlett Packard Enterprise (HPE) Tops Q1 EPS by 7c, Offers Guidance

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Go back to Hewlett Packard Enterprise (HPE) Tops Q1 EPS by 7c, Offers Guidance

Hewlett Packard Enterprise Reports Fiscal 2022 First Quarter Results

March 1, 2022 4:05 PM EST

Raising FY22 EPS outlook due to robust demand and profitability

Q1 2022 Financial Highlights:

Orders: Strong customer demand drives order growth up 20% from the prior year period, the third consecutive quarter of more than 20% order growth As-a-Service orders1 increased 136% from the prior year period Revenue: $7.0 billion, up 2% from the prior-year period and in-line with our Q1 outlook Gross margins drive improved quality of earnings despite ongoing supply chain constraints GAAP of 33.7%, up 80 basis points sequentially and 20 basis points from the prior... More