Hewlett Packard (HPE) Q1 2023 income, and earnings beat Road view


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Info know-how options supplier Hewlett Packard Enterprise (NYSE: HPE) has reported larger earnings and revenues for the primary quarter of 2023. The outcomes additionally exceeded analysts’ forecasts.

Hewlett Packard Q1 2023 earnings infographic

First-quarter revenue, excluding one-off objects, moved as much as $0.63 per share from $0.53 per share a 12 months earlier and got here in above consensus estimates. On a reported foundation, web earnings was $501 million or $0.38 per share within the three-month interval, in comparison with $513 million or $0.39 per share in the identical interval of 2022.

Examine this area to learn administration/analysts’ feedback on Hewlett Packard’s Q1 outcomes

The tech agency’s revenues elevated 12% yearly to $7.8 billion within the first quarter, beating analysts’ estimates. The administration additionally supplied steering for the second quarter and full 12 months of 2023.

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