HP Enterprise posted solid results, driven by strong growth in the company’s networking business and increasing demand for high-performance computing and generative artificial intelligence hardware and services.
For its fiscal third quarter, ended July 31, HP Enterprise (ticker: HPE) reported revenue of $7 billion, up 1% from a year ago, or 3.5% adjusted for currency, in line with Street estimates. The stock was down 1.5% at $16.58 in premarket trading Wednesday.
On…
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