HPE Earnings: Enterprise Group Revenues Fillips Topline As The Company Sheds Enterprise Services Unit
Hewlett-Packard Enterprise (NYSE:HPE) announced its results on May 24th. The stock rose by 11% as the revenues beat Wallstreet expectations. Furthermore, the proposed spin-off of the underperforming Enterprise Services business into CSC enthused investors as the company unlocked value for shareholders. The table below summarizes the results:
Have more Questions? Check Out some that we have answered:
- What’s Hewlett Packard Enterprise’s Revenue And Earnings Breakdown?
- What’s Hewlett Packard Enterprise’s Fundamental Value Based On Expected 2015 Results?
- By What Percentage Did Hewlett Packard Enterprise’s Revenues And EBITDA Decrease In The Last Five Years?
- How Has Hewlett Packard Enterprise’s Revenue Composition Changed Over The Last 5 Years?
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment / ask questions on the comments section
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our full analysis for Hewlett Packard Enterprise
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