www.bloomberg.com
Patrick Moorhead of Moor Insights & Strategy discussed Hewlett Packard Enterprise’s (HPE) sales outlook on Bloomberg, highlighting a mixed picture. HPE projected revenue between $9 billion and $9.4 billion, and profit between 57 and 61 cents per share for the upcoming quarter. While the profit forecast beat analyst estimates of 53 cents, the revenue projection fell short of the anticipated $9.88 billion. This suggests HPE expects stronger profitability despite lower-than-expected sales in the near term.
