Hewlett Packard Enterprise (HPE) Misses Q2 EPS by 8c
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HPE Reports Q2 Results
May 21, 2020 4:05 PM EDTQ2 2020 Financial Highlights:
Revenue: $6.0 billion with momentum in our strategy to pivot to as a service Annualized revenue run-rate (ARR): $520 million, up 17% from the prior-year period Gross profit margin: GAAP of 31.9%, down 30 basis points from the prior-year period and Non-GAAP of 32.0%, down 20 basis points from the prior-year period Diluted net earnings per share: GAAP of ($0.64), compared to $0.30 from the prior-year period, includes non-cash write-down of legacy goodwill Non-GAAP of $0.22, compared to $0.42 from the prior-year periodHPE Board... More
