Hewlett Packard Enterprise raised its annual forecasts on Wednesday after delivering a stronger-than-expected July quarter, as accelerating demand for artificial intelligence infrastructure lifted server and networking sales. However, shares fell over 5% during extended trading as investors were likely assessing how sustainable the margin gains will be as AI systems make up a larger share of th...
HPE stock wavered amid fiscal Q3 earnings and revenue that topped estimates with high expectations for AI infrastructure growth.
HPE lifted its long-term growth targets after revenue gains across both of its segments drove a more than fivefold increase in its profit during the third quarter.
Unlike Dell, however, HPE focuses on enterprise and sovereign customers, which an analyst says have a better profit profile.
Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand across networking and servers drove growth across its business.
HOUSTON--(BUSINESS WIRE)--HPE (NYSE: HPE) today announced an expanded collaboration with Oracle to help scale Oracle's global AI infrastructure by deploying HPE Juniper Networking across Oracle's AI data centers. The expanded collaboration builds on more than a decade of engineering work between Oracle and Juniper Networks and includes networking support services and financing capabilities. Tod...
HOUSTON--(BUSINESS WIRE)--HPE (NYSE: HPE) today announced financial results for the third quarter ended July 31, 2026. “HPE's strategy is proving itself again this quarter. Our results demonstrate the durability of our profitable growth momentum. We delivered record revenue, orders, and profitability, fueled by surging customer demand across our portfolio,” said Antonio Neri, president and CEO ...