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Form 8-K · Current Report · Filed 2024-06-04

Hewlett Packard Enterprise Reports Q2 2024 Financial Results and Announces Dividend

Hewlett Packard Enterprise (HPE) reported its financial results for Q2 2024, showing a revenue increase of 3% year-over-year.

Filer
Hewlett Packard Enterprise Company HPE · NYSE
Filed
Accession
0001645590-24-000090
CIK
0001645590
Signal
Medium impactTechnology

Details

The company's AI systems revenue doubled sequentially, contributing to a strong performance. HPE announced a quarterly dividend of $0.13 per share, payable on July 18, 2024. The company also provided an outlook for Q3 2024 and full-year 2024, indicating continued growth expectations.

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 7.01

Regulation FD Disclosure

Dividend Announced
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$17.95

Next session

+8.5%

Since filing

+166.9%

Latest close

$47.90

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from HPE reporting the same item, with the next session's move:

Exhibits (1)

About Hewlett Packard Enterprise Company

Hewlett Packard Enterprise Company is a global technology leader specializing in enterprise computing solutions. The company primarily focuses on providing cutting-edge technology solutions that enable businesses to transform their IT environments. Their comprehensive portfolio includes servers, storage, networking equipment, and robust solutions for hybrid IT, edge-to-cloud computing, and data analytics. Serving diverse sectors such as telecommunications, finance, healthcare, and education, Hewlett Packard Enterprise aims to facilitate digital transformation by enhancing operational efficiency and accelerating innovation. In the financial market, Hewlett Packard Enterprise holds a significant position as it provides essential infrastructure solutions that empower organizations to manage and extract insights from vast amounts of data, thus playing a pivotal role in the digital economy. Founded in 2015 as a spin-off from Hewlett-Packard, the company is headquartered in Houston, Texas, and continues to evolve with the ever-changing technological landscape by driving advancements in areas like artificial intelligence, cloud services, and intelligent edge solutions. Its impact is seen in its ability to equip businesses globally with the tools required to navigate and succeed in a data-driven world.

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