HP Enterprise Surprises Positively – AI Business Provides Momentum
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Expectations surpassed – stock rises after hours Shares of Hewlett Packard Enterprise (HPE) rose nearly 3% in after-hours trading on Tuesday after the company presented better-than-expected figures for the second quarter of the current fiscal year. Revenue reached $7.63 billion, an increase of 5.9% year-over-year and above analyst estimates of $7.45 billion. The adjusted earnings per share stood at $0.38, clearly exceeding the expected $0.33. Server business benefits from AI boom Particular focus again fell on the server segment, which...
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