HPE Reports Q1 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Nasdaq reaches record high close, AI stocks rally
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
Hewlett Packard Enterprise (HPE) Reports In-Line Q1 EPS, Revenues Miss; Provides FY20 EPS Guidance Below Consensus
March 3, 2020 4:07 PM ESTHewlett Packard Enterprise (NYSE: HPE) reported Q1 EPS of $0.44, in-line with the analyst estimate of $0.44. Revenue for the quarter came in at $6.9 billion versus the consensus estimate of $7.24 billion.
Q1 2020 Financial Highlights:
Revenue: $6.9 billion with growth in areas of investment, including Intelligent Edge and as-a-Service offeringsAnnualized revenue run-rate (ARR): $511 million, up 19% from the prior-year periodGross margin: GAAP of 32.8%, up 170 basis points from the prior-year period and Non-GAAP of 33.2%, up 210 basis points from the prior-year periodDiluted... More