Hewlett Packard Enterprise Reports Fiscal 2023 First Quarter Results
HPE News, March 2nd, 2023
First Quarter Fiscal 2023 Financial Results: Revenue of $7.8 billion was up 12% and up 18% adjusted for currency from the prior-year period
'HPE delivered exceptional results in Q1, posting our highest first quarter revenue since 2016 and best-ever non-GAAP operating profit margin,' said Antonio Neri, president and CEO of Hewlett Packard Enterprise. 'Powered by our market-leading hybrid cloud platform HPE GreenLake, we unlocked an impressive run rate of $1 billion in annualized revenue for the first time. These results, combined with a winning strategy and proven execution, position us well for FY23, and give us confidence to raise our financial outlook for the full year.'