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All issuesVolume 318, Issue 1IT Vendor NewsHPE

HPE Reports Fiscal 2024 Third Quarter Results

HPE News, Wednesday, September 4th, 2024

Accelerating AI demand drives HPE revenue growth; profit increases

Hewlett Packard Enterprise announced financial results for the third quarter ended July 31, 2024.

"We delivered a strong third quarter, with impressive revenue growth, especially from our AI system conversion, and we improved profitability,' said Antonio Neri, president and CEO of Hewlett Packard Enterprise. 'These results reflect our momentum in delivering on our edge-to-cloud strategy across networking, hybrid cloud, and AI. We have driven meaningful innovation throughout our portfolio, which increases our relevancy with customers and positions us to continue to deliver profitable growth for shareholders.'

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