Hewlett Packard Enterprise is transforming from legacy HP, focusing on servers, cloud, and consulting, with significant M&A activity enhancing its portfolio. HPE's business model emphasizes comprehensive solutions, including GreenLake's subscription-based cloud platform, driving significant ARR growth and shifting away from classic sales. Despite fierce competition and uncertainties around the Juniper deal, HPE's diversified offerings and strong financials position it well for future growth.
Hewlett Packard Enterprise Co. HPE investors have a technical red flag flashing—the dreaded Death Cross.
Yahoo Finance anchors Julie Hyman and Josh Lipton discuss stocks popping ahead of the closing bell and Morgan Stanley's lower US growth forecast for 2025; plus, HPE's CEO weighs in on disappointing earnings and forecast. #youtube #stocks #investing #computer About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
Shares of Hewlett Packard Enterprise (HPE) are getting clobbered on Friday. It comes after the tech giant reported underwhelming first quarter results and issued disappointing guidance.
HPE CEO Antonio Neri says the company is disappointed by the US Department of Justice lawsuit blocking their proposed acquisition of Juniper Networks. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".
Antonio Neri, HPE CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, the execution challenges the company saw and how the chief executive fixed the issue.
Hewlett Packard Enterprise's first-quarter fiscal 2025 results reflect the benefits of growth in the Server, Hybrid Cloud and Financial services segments.
Close Key Takeaways Hewlett Packard Enterprise gave profit guidance below estimates.The IT firm also missed quarterly profit estimates, with CEO Antonio Neri noting "we could have executed better."Hewlett Packard Enterprise also announced a cost-cutting plan that includes reducing staff by about 5%. Hewlett Packard Enterprise (HPE) shares plunged 15% Friday, a day after the information technology provider gave weak guidance and began cost-cutting measures. The company expects current-quarter adjusted earnings per share (EPS) of $0.28 to $0.34, and full year of $1.70 to $1.90, Analysts surveyed by Visible Alpha were looking for current-quarter adjusted EPS of $0.50 and full year of $2.12. In the fiscal 2025 first quarter, HPE posted adjusted EPS of $0.49, also short of forecasts. Revenue increased 16% year-over-year to $7.85 billion, slightly above forecasts. CEO Antonio Neri explained that while the company "has a proven track record of consistent, disciplined execution," it "could have executed better in some areas in the quarter." HPE to Lay Off About 2,500 Employees HPE also announced that it was launching a cost-reduction plan "to reduce structural operating costs and continue advancing its ongoing commitment to profitable growth." It added that "the program is expected to be implemented through fiscal year 2026 and deliver gross savings of approximately $350 million by fiscal year 2027 through reductions in its workforce." To that end, Neri said on the earnings call that "we plan to reduce our employee base 5% over the next 12 to 18 months through the reduction of approximately 2,500 positions and expected attrition," according to a transcript provided by AlphaSense. Hewlett Packard Enterprise shares sank to their lowest level in more than a year. TradingView Do you have a news tip for Investopedia reporters? Please email us at tips@investopedia.com
Kevin Green revisits two tech earnings names: Broadcom (AVGO) and HP Enterprise (HPE). For AVGO, its 10% premarket move indicates bullish sentiment following the company's latest earnings beat.
HPE faces headwinds to its AI server business but growth is possible over time, analysts argue.
Hewlett Packard Enterprise Company (NYSE:HPE ) Q1 2025 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Paul Glaser - Head of Investor Relations Antonio Neri - President and Chief Executive Officer Marie Myers - Executive Vice President and Chief Financial Officer Conference Call Participants Meta Marshall - Morgan Stanley Aaron Rakers - Wells Fargo Wamsi Mohan - Bank of America Tim Long - Barclays Simon Leopold - Raymond James Amit Daryanani - Evercore Samik Chatterjee - JPMorgan David Vogt - UBS Michael Ng - Goldman Sachs Matt Niknam - Deutsche Bank Ananda Baruah - Loop Capital Operator Good afternoon, and welcome to the First Quarter Fiscal 2025 Hewlett Packard Enterprise Earnings Conference Call. At this time, all participants will be in a listen-only mode.
The headline numbers for Hewlett Packard Enterprise (HPE) give insight into how the company performed in the quarter ended January 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.