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HPE reports Q1 revenue down 14% YoY to $6.76B, vs. $7.1B est., Server revenue down 23% YoY to $3.4B, and reduces its FY 2024 outlook for sales growth


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2024-02-29 23:08:40
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Cybersecurity Business

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Brody Ford / Bloomberg:

HPE reports Q1 revenue down 14% YoY to $6.76B, vs. $7.1B est., Server revenue down 23% YoY to $3.4B, and reduces its FY 2024 outlook for sales growth and profit  —  Revenue will increase as much as 2%, excluding currency fluctuations, in the fiscal year ending in October.




Brody Ford / Bloomberg:

HPE reports Q1 revenue down 14% YoY to $6.76B, vs. $7.1B est., Server revenue down 23% YoY to $3.4B, and reduces its FY 2024 outlook for sales growth and profit  —  Revenue will increase as much as 2%, excluding currency fluctuations, in the fiscal year ending in October.



Source: TechMeme
Source Link: http://www.techmeme.com/240229/p31#a240229p31


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