Reported 20 days ago
Hewlett Packard Enterprise (HPE) shares surged 10% after the company reported better-than-expected fiscal Q4 earnings, with record revenue of $8.46 billion, a 15% increase year-over-year. CEO Antonio Neri expressed confidence in HPE's role in the AI sector, highlighting enterprise AI deployment and emphasizing the necessity for simplicity and value. Neri also discussed the ongoing acquisition of Juniper Networks, optimistic about its completion early next year despite pending approvals.
Source: YAHOO