US EditionHewlett Packard Enterprise: Fiscal Q1 Earnings Snapshot
- On March 9, Hewlett Packard Enterprise raised its fiscal 2026 adjusted EPS forecast to $2.30 to $2.50 and guided Q2 revenue of $9.6 billion–$10.0 billion, above analysts' estimates.
- Amid projections of $630 billion in AI infrastructure spending this year, Hewlett Packard Enterprise said demand for Nvidia-equipped AI servers drives its outlook.
- HPE reported adjusted EPS of 65 cents, beating estimates, while Antonio Neri said, 'Demand for our products and solutions was strong, with orders increasing double digits year over year across all segments.'
- HPE shares rose around 2 per cent in extended trading on Monday, with the networking segment growth forecast upgraded to 68 per cent to 73 per cent.
- HPE's AI backlog jumped to over $5 billion from $4.7 billion in the prior quarter, while competition from Dell and Super Micro Computer and rising memory-chip costs pressure margins and pricing.
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Despite rising memory prices, demand for AI continues, with HPE's earnings forecast exceeding market expectations. Amidst a surge in memory semiconductor prices, Hewlett Packard Enterprise (HPE) forecasted its earnings outlook to exceed market expectations, driven by robust demand for AI servers. (Image caption: HPE CEO Antonio Neri)
Hewlett Packard Enterprise Q1 Earnings Call Highlights
Hewlett Packard Enterprise (NYSE:HPE) opened fiscal 2026 with what executives described as a strong first quarter, driven by outperformance in its networking business and disciplined execution in cloud and AI despite a tightening component supply environment. Management said results and demand trend
received from US$ 9.3 billion in the quarter increased 18% over the same period of the previous year
Hewlett Packard Enterprise projects revenue above estimates on AI boom
March 9 : Hewlett Packard Enterprise forecast second-quarter revenue above Wall Street estimates on Monday, betting on growing demand for its artificial intelligence-powered servers.The company, which provides servers equipped with Nvidia's chips, raised fiscal 2026 forecasts for adjusted earnings per share a
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