Hewlett Packard Enterprise Reports Fiscal 2024 Second Quarter Results
HPE News, Tuesday, June 4th, 2024
AI systems revenue doubled sequentially, beating Q2 revenue guidance
"HPE delivered very solid results in Q2, exceeding revenue and non-GAAP EPS guidance. AI systems revenue more than doubled from the prior quarter, driven by our strong order book and better conversion from our supply chain,' said Antonio Neri, president and CEO of Hewlett Packard Enterprise. 'Our deep expertise in designing, manufacturing, and running AI systems at scale fueled growth of cumulative AI systems orders to $4.6 billion, with enterprise AI orders representing more than 15%. HPE's AI advantage, increased HPE GreenLake adoption, and leading infrastructure portfolio, as well as an improved supply chain environment, set us up very well to deliver a strong second half."