Jamie McKane
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HPE profit forecast beats estimates
Hewlett Packard Enterprise Co., a maker of server computers, gave a profit forecast that topped Wall Street estimates, signaling progress on its efforts to cut costs and reshape its business to higher-margin products.
Adjusted earnings, excluding some items, will be 43 cents to 47 cents a share in the period ending in October, the San Jose, California-based company said Tuesday in a statement.
[Bloomberg]
Hewlett Packard Enterprise Co., a maker of server computers, gave a profit forecast that topped Wall Street estimates, signaling progress on its efforts to cut costs and reshape its business to higher-margin products.
Adjusted earnings, excluding some items, will be 43 cents to 47 cents a share in the period ending in October, the San Jose, California-based company said Tuesday in a statement.
[Bloomberg]