Sep. 4 at 5:15 PM
Hewlett Packard Enterprise posted record quarterly revenue of
$9.1B, up 19% and above estimates, driven by
$1.6B in AI server sales and a
$3.7B backlog. Growth is increasingly coming from sovereign and enterprise customers, which offer stronger margins than large AI “model builders.” EPS was
$0.44, topping expectations, and gross margin improved sequentially. HPE also closed its Juniper Networks deal, expected to bring synergies and expand its data-center offerings, though it issued a cautious Q4 forecast of
$9.7B–
$10.1B revenue and
$0.56–
$0.60 EPS.
$HPE