HPE Corrects Revenue Growth Outlook and Provides Strategic Update

Details

The corrected outlook now reflects normalized FY25 results including 8 months of Juniper results pre-acquisition close. HPE detailed its strategic priorities and financial outlook for FY26 through FY28, including a 10% increase in its annual dividend for FY26, an additional $3 billion in share repurchase capacity, and a target of generating over $3.5 billion in free cash flow by FY28. The company also projected a compounded revenue growth rate of 5% to 7% and non-GAAP operating profit growth of 11% to 17% through FY28.

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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.