🤖 HPE $HPE.US Lifts Outlook as AI Infrastructure Demand Surges.
Hewlett Packard Enterprise delivered a record fiscal third quarter, with revenue rising 34% year over year to $12.2 billion and adjusted earnings reaching $1.11 per share. The results were driven by strong demand across AI servers, networking and enterprise infrastructure, pushing both revenue and operating profit to new highs. ⚡
$HPE also raised its fiscal 2026 outlook, now expecting revenue growth of 34%–37%, compared with its previous 29%–33% forecast. Cloud and AI revenue increased 25% to $9 billion, while networking revenue jumped 75% to $2.9 billion. The company also expanded its collaboration with Oracle to provide Juniper Networking technology for Oracle’s AI infrastructure. 🖥️
Hewlett Packard Enterprise delivered a record fiscal third quarter, with revenue rising 34% year over year to $12.2 billion and adjusted earnings reaching $1.11 per share. The results were driven by strong demand across AI servers, networking and enterprise infrastructure, pushing both revenue and operating profit to new highs. ⚡
$HPE also raised its fiscal 2026 outlook, now expecting revenue growth of 34%–37%, compared with its previous 29%–33% forecast. Cloud and AI revenue increased 25% to $9 billion, while networking revenue jumped 75% to $2.9 billion. The company also expanded its collaboration with Oracle to provide Juniper Networking technology for Oracle’s AI infrastructure. 🖥️