Hewlett Packard Enterprise (HPE) is clearly smack in the middle of the AI profit boom.
"Customers are buying everything," Hewlett Packard Enterprise CEO Antonio Neri told Yahoo Finance in an interview, pointing to brisk demand in its most recent quarter for routers and servers.
Neri said demand for the company's products looks strong through the next decade.
HPE generated revenue of $12.21 billion in its fiscal third quarter, reported late Wednesday, up 34% year over year. Adjusted earnings per share climbed over 30% to $1.11.
Both the top- and bottom-line figures comfortably surpassed Wall Street consensus estimates.
#antonio
"Customers are buying everything," Hewlett Packard Enterprise CEO Antonio Neri told Yahoo Finance in an interview, pointing to brisk demand in its most recent quarter for routers and servers.
Neri said demand for the company's products looks strong through the next decade.
HPE generated revenue of $12.21 billion in its fiscal third quarter, reported late Wednesday, up 34% year over year. Adjusted earnings per share climbed over 30% to $1.11.
Both the top- and bottom-line figures comfortably surpassed Wall Street consensus estimates.
#antonio
8 days ago
