Hewlett Packard Enterprise Company (NYSE: HPE) reported mixed first-quarter financial results and issued weak guidance on Thursday.
Revenue fell 14% Y/Y to $6.76 billion, missing the consensus of $7.11 billion. Adjusted EPS of 48 cents, beating the consensus of 45 cents.
The Board of Directors declared a cash dividend per share of 13 cents, payable on April 12, 2024, to stockholders of record as of March 15, 2024.
“HPE exceeded our profitability expectations and drove near-record year-over-year growth in our recurring revenue in the face of market headwinds, demonstrating the relevance of our strategy,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “Despite a mixed quarter, I …