Dec. 5 at 8:24 PM
Hewlett Packard Enterprise reported mixed fiscal fourth-quarter results. Adjusted earnings of
$0.62 per share beat estimates, but revenue of
$9.68 billion missed forecasts. Server sales fell 5% to
$4.46 billion, while Hybrid Cloud dropped 12% to
$1.41 billion.
Despite sluggish share performance this year, HPE guided above expectations for current-quarter earnings (57–61 cents vs. 53-cent estimate), though revenue guidance came in light. The company reaffirmed 17%–22% revenue growth for 2026 and expects growth to skew toward the second half, driven partly by sovereign AI deals.
Management noted uneven AI demand, with government and large-enterprise orders stretching delivery timelines. Analysts called the outlook cautious but noted strong networking performance, which helped offset memory-chip cost pressures. Networking revenue more than doubled to
$2.81 billion thanks to the Juniper acquisition.
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