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HPE Stock Drops 3.7% After Posting Record Quarter That Sets Higher Growth Target
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Hewlett Packard Enterprise's profit and revenue reached record levels in the most recent quarter, with the strong increase in demand for the IT company's equipment. Exclusive material for subscribers. To have full access, access the material link and register.
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HPE Stock Drops 3.7% After Posting Record Quarter That Sets Higher Growth Target
HOUSTON, September 2, 2026, 17:44 (EDT) HPE was last at $49.89 in after-hours trading, down 3.7% from its $51.83 closing price.Revenue for the quarter increased by 34%, reaching an all-time high of $12.2 billion.Sales in networking increased by 74.9%, while revenue from Cloud & AI climbed 25.4%.HPE raised its fiscal 2027 revenue growth outlook to…
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