HPE’s stock is sliding after earnings — these factors are affecting its outlook
The server and software company said it will begin a cost-cutting program that will reduce its overall headcount by about 5%, ...
HPE Stock Dives After Earnings Miss. ‘Poor Execution,’ Analysts Note.
HPE faces headwinds to its AI server business but growth is possible over time, analysts argue. At least three firms cut ...
HPE to lay off 2,500 staff as stock craters on mixed earnings results and tariffs
For its fiscal second quarter, HPE is guiding for earnings of between 28 and 34 cents per share on revenue of $7.2 billion to ...
HPE Earnings: Hewlett Packard Enterprise Stock Craters 17% on Soft Guidance
The stock of Hewlett Packard Enterprise (HPE) is down 17% after the information technology (IT) company reported mixed ...
HPE stock crashes as CEO weighs in on job cuts, earnings miss, and DOGE
Chatterjee was among the analysts that cut their profit estimates. HPE supplies technology to government agencies such as the ...
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Hewlett Packard Enterprise Announces 2,500 Job Cuts Amid Cost Reduction Efforts in Spring, Texas
HPE plans to cut about 2,500 employees over the next 18 months to reduce costs, despite a revenue increase of 16.9% in the ...
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HPE Q1 Earnings Miss Estimates: Will Weak Guidance Drag the Stock?
Hewlett Packard Enterprise HPE reported first-quarter fiscal 2025 non-GAAP earnings of 49 cents per share, which missed the Zacks Consensus Estimate by 2%. The figure rose 2% year over year.
HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook
HPE's revenue rose 16% year over year in the quarter ending on Jan. 31, according to a statement. The company was left with ...
HPE set to cut thousands of employees despite results rise
Hewlett Packard Enterprise (HPE) has revealed it is set to lay off an estimated 2,500 workers following disappointing ...