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HPE Delivers Q3 Results

Nachrichtenquelle: Business Wire (engl.)
27.08.2019, 22:05  |  2358   |   |   

Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for its fiscal 2019 third quarter, ended July 31, 2019.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190827005771/en/

HPE Q3 FY19 Earnings Results Infographic

HPE Q3 FY19 Earnings Results Infographic

“In Q3, we improved both gross and operating margins, delivered strong non-GAAP earnings, and generated a record level of year-to-date free cash flow,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “We also invested in important innovation for our customers and announced strategic acquisitions, including Cray, which we now expect to close by the end of fiscal year 2019, earlier than originally planned.”

“Our strong operational performance reflects continued disciplined execution as we deliberately shift and enhance our portfolio to provide customers with higher-value, software-defined offerings, delivered as a Service,” added Neri. “I remain confident in our ability to drive profitable growth as we execute our strategy.”

Third Quarter Fiscal Year 2019

HPE fiscal 2019 third quarter continuing operations financial

performance

 

Q3 FY19

Q3 FY18

Y/Y

GAAP net revenue ($B)

$7.2

 

$7.8

 

(7.0%)

GAAP operating margin

(1.1%)

 

6.3%

 

(7.4 pts.)

GAAP net earnings ($B)

($0.0)

 

$0.5

 

(106%)

GAAP diluted net earnings per share

($0.02)

 

$0.29

 

(107%)

Non-GAAP operating margin

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