Revenue segments as reported by the company.

Server

Hybrid Cloud

Intelligent Edge

Compute

High Performance Computing & Artificial Intelligence

Storage

Financial Services

Corporate Investments and Other

Elimination of intersegment net revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Amortization of intangible assets

Transformation costs

Disaster charges

Acquisition, disposition and other related charges

Impairment of goodwill

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Hewlett Packard

Nimble Storage is a predictive flash storage technology company based in San Jose, California founded in early 2008. It produces hardware and software products for data storage, specifically data storage arrays that use the iSCSI and Fibre Channel protocols and includes data backup and data protection features. Nimble is a subsidiary of Hewlett Packard Enterprise.

Nimble Storage

Micro Focus is a multinational software and information technology business based in Newbury, Berkshire, England. The firm provides software and consultancy. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. On 7 September 2016, Micro Focus announced its intent to merge with Hewlett Packard Enterprise’s software business segment. The acquisition was completed on 1 September 2017.

Micro Focus

DXC Technology is an end-to-end services company headquartered in Tysons Corner, Virginia. DXC provides information technology and consulting services to businesses and governments. The company operates in more than 70 countries and trades on the New York Stock Exchange under the symbol “DXC” and is a component of the S&P 500 index. DXC was formed in 2017 from the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise (formerly Electronic Data Systems).

DXC Technology

Hewlett Packard Enterprise Co. is a global edge-to-cloud company, which engages in the provision of information technology, technology and enterprise products, solutions, and services. It operates through the following segments: Compute, High Performance Computing & Artificial Intelligence (HPC and AI), Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other. The Compute segment includes both general purpose servers for multi-workload computing and workload optimized servers to offer the best performance and value for demanding applications. The HPC and AI segment offers standard and custom hardware and software solutions designed to support specific use cases. The Storage segment provides workload optimized storage product and service offerings, which include an intelligent hyperconverged infrastructure with HPE Nimble Storage dHCI and HPE SimpliVity. The Intelligent Edge segment offers wired and wireless local area network, campus and data center switching, software-defined wide-area-network, network security, and associated services to enable secure connectivity for businesses of any size. The Financial Services segment provides flexible investment solutions, such as leasing, financing, IT consumption, utility programs, and asset management services for customers that facilitate technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. The Corporate Investments and Other segment includes the A & PS business that primarily offers consultative-led services, HPE and partner technology expertise and advice, implementation services as well as complex solution engagement capabilities, the Communications and Media Solutions business, the HPE Software business, and Hewlett Packard Labs. The company was founded on July 2, 1939 and is headquartered in Spring, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

HPE achieves record Q1 performance, raises guidance for fiscal year

HPE reported record Q1 performance, raised guidance for fiscal year 2023, and announced strategic acquisitions to enhance capabilities. The company's focus on profitable growth, GreenLake success, and diversified portfolio position it optimistically. Challenges in the compute business and supply chain issues require continued attention for sustained growth.

HPE reports strong Q2 earnings, eyes growth in AI and edge computing

HPE's Q2 2023 earnings call showcased robust financial performance, strategic focus on key segments, and proactive measures to address challenges. With a strong emphasis on innovation and growth areas like AI and edge computing, HPE is positioning itself for future success.

HPE reports Q3 revenue growth driven by Intelligent Edge success

HPE's Q3 earnings call highlighted solid performance, with a focus on Intelligent Edge and HPE GreenLake driving revenue and margin expansion. The company's strategic initiatives in AI, sustainability, and partnerships position it for future growth amidst competitive challenges and market opportunities.

HPE achieves record FY 2023 performance, eyes AI growth

HPE delivered record performance in FY 2023, driven by strong demand for AI solutions and growth in the Intelligent Edge segment.
While facing challenges in moderating revenue growth and managing demand trends, HPE has opportunities to capitalize on the ramp in HPC and AI revenue.
The company's strengths in AI solutions, GreenLake platform, and financial services, along with strategic investments, position it for continued growth and profit diversification.
Overall, HPE's performance highlights its resilience and adaptability in navigating market dynamics and leveraging emerging technologies for sustained success.

HPE reports strong profitability but revenue challenges in Q1

HPE's Q1 earnings call highlighted strong profitability but revenue challenges due to networking softness and GPU supply constraints. The company showcased financial discipline, record gross margins, and a focus on profitability, with opportunities in AI, edge computing, and hybrid cloud segments.
Challenges in GPU delays and networking demand were addressed, with a focus on cost actions, investment in growth opportunities, and the pending Juniper Networks acquisition. Analyst questions reflected concerns over inventory levels and expectations for sequential growth in servers and storage.
HPE's performance in Q1 demonstrated strengths in financial discipline, operational efficiency, and innovation, with opportunities to capitalize on AI demand, edge computing growth, and sustainability initiatives. The company faces challenges in meeting revenue targets amidst GPU supply constraints and networking softness.

HPE surpasses Q2 expectations with strong AI and GreenLake growth

HPE's Q2 performance exceeded expectations, driven by strong AI systems revenue and robust growth in HPE GreenLake.
Leadership in AI, strategic partnerships, and unique cooling systems position HPE well in the market.
Challenges include AI backlog, margin decline, and the need for continued cost discipline.
Opportunities lie in growing enterprise interest in AI, sovereign AI projects, and expanded partnerships.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Although the revenue and EPS for HP Enterprise (HPE) give a sense of how its business performed in the quarter ended January 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

HP Enterprise (HPE) Reports Q1 Earnings: What Key Metrics Have to Say

C3.ai

Broadcom

Costco

Nordstrom

While Nordstrom and Costco posted mixed quarters, C3.ai, Broadcom and HPE all beat estimates outright.

Markets Close Higher; JWN, COST, AI & More Report Earnings

Hewlett Packard Enterprise Company (NYSE:HPE ) Q1 2023 Earnings Conference Call March 2, 2023 6:00 PM ET Company Participants Jeff Kvaal - Senior Director, Investor Relations Antonio Neri - President & Chief Executive Officer Tarek Robbiati - Executive Vice President & Chief Financial Officer Conference Call Participants Aaron Rakers - Wells Fargo Meta Marshall - Morgan Stanley Samik Chatterjee - JPMorgan Kyle McNealy - Jefferies Simon Leopold - Raymond James Amit Daryanani - Evercore Sidney Ho - Deutsche Bank Wamsi Mohan - Bank of America Ananda Baruah - Loop Capital Operator Good afternoon and welcome to the First Quarter 2023 Hewlett Packard Enterprise Earnings Conference Call. My name is Anthony, and I'll be your conference moderator for today's call.

Hewlett Packard Enterprise Company (HPE) Q1 2023 Earnings Call Transcript

HP Enterprise (HPE) delivered earnings and revenue surprises of 21.15% and 5.46%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Hewlett Packard Enterprise (HPE) Beats Q1 Earnings and Revenue Estimates

Hewlett Packard Enterprise Co.'s stock HPE, -0.16% initially climbed more than 3% in extended trading Thursday after the computing giant reported quarterly results that beat analyst revenue and earnings estimates. HPE reported fiscal first-quarter net earnings of $501 million, or 38 cents a share, compared with a net loss of $304 million, or 23 cents a share, in the year-ago quarter.

HPE beats on sales, earnings estimates

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that it entered into a definitive agreement to acquire Axis Security, a cloud security provider. This acquisition will allow HPE to expand its edge-to-cloud security capabilities by offering a unified Secure Access Services Edge (SASE) solution to meet the increasing demand for integrated networking and security solutions delivered as-a-service.

Hewlett Packard Enterprise Fortifies Network Security With Acquisition of Security Service Edge Provider Axis Security

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (HPE) announces first quarter fiscal year 2023 earnings.

Hewlett Packard Enterprise reports fiscal 2023 first quarter results

Dell Technologies

Marvell Technology

In early trading on Wednesday, the Dow Jones industrials were up 0.05%, but the S&P 500 and the Nasdaq were each down 0.19%.

Earnings Previews: Broadcom, Dell, Hewlett Packard Enterprise, Marvell

AMC Entertainment

First Solar

Rivian Automotive

Urban Outfitters

February was a fairly volatile month overall, but has been in negative territory for the past week and a half or so.

February Closes a Down Month; HPQ, AMC, FSLR & More Report

Hewlett Packard's (HPE) fiscal first-quarter results are likely to reflect gains from growing demand for its cloud services amid the ongoing digital transformation trend.

Factors to Note Ahead of Hewlett Packard (HPE) Q1 Earnings

SAN JOSE, Calif.--(BUSINESS WIRE)-- #KumoScale--KIOXIA is participating in the Hewlett Packard Enterprise Spaceborne Computer-2 (SBC-2) program.

KIOXIA and HPE Team Up to Send SSDs into Space, Bound for the International Space Station

Agilent Technologies

Sterling Construction

Investors will certainly want to keep Agilent Technologies (A) and Sterling Infrastructure (STRL) on their radars as there could still be plenty of upside and opportunity in these innovative companies.

Time to Buy These Innovative Stocks Before Earnings?

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced the expansion of its connected edge-to-cloud offering with the acquisition of Athonet, a private cellular network technology provider that delivers mobile core networks to enterprises and communication service providers. Combined with the HPE telco and Aruba networking portfolios, Athonet will put HPE at the forefront of a growing market that is predicted by IDC to increase to more than $1.6 billion1 by 2026.

Hewlett Packard Enterprise Doubles Down on Private 5G, Extends Leadership in Wireless Connectivity with Acquisition of Athonet

PARIS--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced that OL Groupe has selected the HPE GreenLake edge-to-cloud platform to modernize its entire on-premises infrastructure. The HPE solution enables OL Groupe to increase its agility to deploy IT resources, reduce its environmental footprint and accelerate the development of its new entertainment offerings to its millions of fans worldwide.

OL Groupe Selects HPE GreenLake to Support Its Energy Efficiency Plan and Improve the Visitor and Fan Experience

VMware

Company launches comprehensive edge platform to integrate operational and information technology into a cloud operating model with an entry-point appealing to a broad array of companies across various industry sectors and sizes. PITTSBURGH , Feb. 16, 2023 /PRNewswire/ -- Expedient today announced a comprehensive end-to-end platform combining built-for-purpose hardware with unprecedented visibility and monitoring, designed to integrate remote environments with an organization's central cloud operations.

Expedient Announces Expedient Edge

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) will conduct a live audio webcast of its conference call to review its financial results for the first quarter of fiscal 2023, which ended January 31, 2023. The call is scheduled for Thursday, March 2, at 5:00 p.m. CT (6:00 p.m. ET), and the webcast will be available at www.hpe.com/investor/2023Q1Webcast.

Hewlett Packard Enterprise to Present Live Audio Webcast of Fiscal 2023 First Quarter Earnings Conference Call

FLORIANÓPOLIS, Brazil--( BUSINESS WIRE )--Hewlett Packard Enterprise (NYSE: HPE) today announced that Unimed Grande Florianópolis, a branch of the Brazil's largest medical cooperative group, has chosen the HPE GreenLake edge-to-cloud platform to accelerate innovation and deliver new digital touchpoints and services to healthcare patients across the country.

Brazil's Largest Medical Cooperative From Santa Catarina Selects HPE GreenLake to Drive Innovation, Transform Patient Outcomes and Extend Reach of Healthcare Services

TOKYO--( BUSINESS WIRE )--Hewlett Packard Enterprise (NYSE: HPE) today announced that TOPPAN FORMS CO., LTD., a leading global provider of data print services and business process outsourcing headquartered in Japan, has selected the HPE GreenLake edge-to-cloud platform to create a scalable, secure, and agile services infrastructure that will grow with its business.

TOPPAN FORMS Chooses HPE GreenLake to Respond Quickly to Demand as Their Customers Transition to a Digital First World

SAN JOSE, Calif.--( BUSINESS WIRE )--Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), today announced that Enloe Medical Center, a nationally-recognized, locally-governed, nonprofit, comprehensive healthcare facility based in Chico, California, is expanding its end-to-end Aruba network by adding Aruba EdgeConnect SD-WAN gateways and Aruba Location Services. The expansion ensures Enloe can continue delivering world-class patient care by doubling branch networking capacity to each of its nearly 30 locations, providing reliable high-performance connectivity, and permitting the efficient management of nearly 30,000 connected devices. The deployment also enables Enloe to rapidly track thousands of pieces of vital healthcare equipment while saving 1,800 IT hours annually via advanced network automation.

Enloe Medical Center Connects and Tracks Nearly 30,000 Devices While Saving 1,800 IT Hours Annually by Expanding its Aruba ESP Network with EdgeConnect and Location Services

City Electrical Factors chooses Hewlett Packard's (HPE) GreenLake to accelerate its digital transformation journey.

Hewlett Packard's (HPE) GreenLake Solution Selected by CEF

LONDON--( BUSINESS WIRE )--Hewlett Packard Enterprise (NYSE: HPE) today announced that City Electrical Factors (CEF), the United Kingdom's leading electrical wholesale network, has selected the HPE GreenLake edge-to-cloud platform as the first step in its digital transformation journey. The HPE GreenLake platform will enable CEF to optimize their infrastructure management and improve security using the disaster recovery capabilities of Zerto.

City Electrical Factors Selects HPE GreenLake to Modernize its Customer and Data Experience

Shares of Hewlett Packard Enterprise Co (NYSE: HPE) have gained about 30% since late September but CEO Antonio Neri is convinced the tech stock is still trading at a deep discount.

‘HPE stock is significantly undervalued': CEO Antonio Neri

Our residual income model suggests that Hewlett Packard Enterprise is fairly valued at $15.92 per share. The company delivered promising Q4 results. Yet, we might witness a slowdown in 2023 as corporate earnings could stagnate.

Hewlett Packard Enterprise: Very, Very Underwhelming

The buyout of San Francisco-based startup, Pachyderm, is going to strengthen Hewlett Packard's (HPE) AI-at-scale offerings, bolstering its reproducible AI capabilities.

Hewlett Packard (HPE) Buys Pachyderm to Boost AI Offerings

SAN JOSE, Calif. & NEW YORK--( BUSINESS WIRE )--New predictions from Aruba, a Hewlett Packard Enterprise company, revealed at NRF 2023, detail how retailers will leverage technology to get ahead of evolving customer demands and operational challenges over the next 12-18 months.

News for Hewlett Packard Stock (HPE)