Hewlett Packard Enterprise (HPE) Tops Q3 EPS by 4c; Boosts FY16 EPS Outlook
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HPE Reports Fiscal 2016 Third Quarter Results
September 7, 2016 4:06 PM EDTPALO ALTO, CA -- (Marketwired) -- 09/07/16 -- Hewlett Packard Enterprise (NYSE: HPE)
Third quarter GAAP diluted net earnings per share of $1.32, above the previously provided outlook of $1.10 to $1.14 per share Third quarter non-GAAP diluted net earnings per share of $0.49, above the previously provided outlook of $0.42 to $0.46 per share Third quarter net revenue of $12.2 billion, down 6% from the prior-year period and down 1% when adjusted for divestitures and currency Third quarter cash flow from operations of $1.7 billion, up 10% from adjusted cash flow from operations in the prior-year period Returned $1.5... MoreHPE Accelerates Strategy With Spin-Off and Merger of Non-Core Software Assets With Micro Focus
September 7, 2016 4:05 PM EDTPALO ALTO, CA -- (Marketwired) -- 09/07/16 -- Hewlett Packard Enterprise (NYSE: HPE)
Transaction valued at approximately $8.8 billion, including 50.1% ownership of the new combined company by HPE shareholders and a $2.5 billion cash payment to HPE Combination creates one of the world's largest pure-play enterprise software companies Accelerates HPE's strategy to unlock faster-growing, higher-margin and stronger free cash flow company HPE to discuss transaction during Q3 earnings call at 5:00 p.m. ET today.Hewlett Packard Enterprise (NYSE: HPE) today announced plans for... More
