Hewlett Packard (HPE) Soars on Q2 Earnings Beat, Strong Guidance
HPEHPE(HPE) ZACKS·2024-06-05 21:56

Hewlett Packard Enterprise Company (HPE) shares rose 15.3% during Tuesday’s extended trading session after the global edge-to-cloud company reported better-than-expected results for the second quarter of fiscal 2024. HPE’s upbeat guidance for the third quarter and full-fiscal 2024 on rapidly growing sales of servers built to handle artificial intelligence (AI) work also boosted investors’ confidence in the stock’s near-term prospects. Hewlett Packard reported non-GAAP earnings of 42 cents per share for the ...