Hewlett Packard Enterprise (HPE) Misses Q2 EPS by 1c, Guidance Misses Consensus

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Go back to Hewlett Packard Enterprise (HPE) Misses Q2 EPS by 1c, Guidance Misses Consensus

Hewlett Packard Enterprise Reports Fiscal 2022 Second Quarter Results

June 1, 2022 4:05 PM EDT

Persistent 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