Hewlett Packard Enterprise (HPE) Tops Q1 EPS by 9c, Offers Guidance
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Hewlett Packard Enterprise reports fiscal 2023 first quarter results
March 2, 2023 4:05 PM ESTHPE delivers record-setting Q1 performance and raises fiscal 2023 guidance
First Quarter Fiscal 2023 Financial Results:
Revenue of $7.8 billion was up 12% and up 18% adjusted for currency(1) from the prior-year period, above our Q1 guidance. Revenue was the highest first-quarter performance for the company since 2016 Annualized revenue run-rate (ARR)(2) for the first time exceeded $1 billion and was up 26% and up 31% adjusted for currency(1) from the prior-year period Gross margins: GAAP of 34.0% was up 30 basis points from the prior-year period and up 110 basis points... More