HPE: 9% decline in EPS in the 4th quarter

(CercleFinance.com) – Hewlett Packard Enterprise (HPE) revealed Tuesday evening an adjusted EPS down 9% to $0.52 for its fourth quarter 2022-23, but located at the upper end of its range. forecasts which ranged from 0.48 to 0.52 dollars.

At $7.4 billion, the company’s IT equipment and services group’s revenues fell 7% (-6% at constant exchange rates), weighed down by its computing and storage activities.

Posting adjusted EPS of $2.15 for the past financial year and revenue growth of 5.5% at constant exchange rates, HPE confirms that it anticipates respective target ranges of 1.82-2.02 in 2023-24. dollars and 2-4%.

Copyright © 2023 CercleFinance.com. All rights reserved.

Did you like this article ? Share it with your friends using the buttons below.




Source link -85