Hewlett Packard Enterprise revenue misses estimates, shares fall

By on
Hewlett Packard Enterprise revenue misses estimates, shares fall

Hit by low server and storage demand.

Hewlett Packard Enterprise Co missed Wall Street estimates for quarterly revenue on Monday, hit by lower demand for its servers and storage products, sending its shares down about four percent in trading after the bell. Sales in its IT business, which makes storage and data centre networking ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
finance hewlett packard enterprise hpc

Most Read Articles

Woolworths reveals its online delivery battle plan ahead of lockdown

Woolworths reveals its online delivery battle plan ahead of lockdown
Windows flaw lets Zoom leak network credentials, runs code remotely

Windows flaw lets Zoom leak network credentials, runs code remotely
Woolworths, Coles to raise tap-and-go limit to $200

Woolworths, Coles to raise tap-and-go limit to $200
Australia launches COVID-19 app, WhatsApp chat

Australia launches COVID-19 app, WhatsApp chat
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Driving business innovation through private cloud solutions
Driving business innovation through private cloud solutions
Future proofing your datacentre with hyperconverged infrastructure
Future proofing your datacentre with hyperconverged infrastructure
The Network for the Digital Business Starts with the Secure Access Service Edge (SASE)
The Network for the Digital Business Starts with the Secure Access Service Edge (SASE)
Are you getting profitable outcomes from your IT?
Are you getting profitable outcomes from your IT?
Your Microsoft Security journey starts here
Your Microsoft Security journey starts here

Events

Log In

Username / Email:
Password:
  |  Forgot your password?