Hewlett Packard Enterprise (HPE) Misses Q2 EPS by 1c, Guidance Misses Consensus
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Hewlett Packard Enterprise Reports Fiscal 2022 Second Quarter Results
June 1, 2022 4:05 PM EDTPersistent demand drives orders and sustained margins
Q2 2022 Financial Highlights:
Orders: Strong customer demand drives order growth up 20% from the prior-year period, the fourth consecutive quarter of 20% or better order growth As-a-Service orders(1) increased 107% from the prior-year period, the 3rd consecutive quarter of doubling Revenue: $6.7 billion, up 0.2% and 1.5% adjusted for currency(2) from the prior-year period and in line with Q2 outlook Gross margins remain strong despite ongoing supply chain constraints and inflationary environment GAAP of 32.4%, down 170 basis points from the prior-year period... More