Hewlett Packard Enterprise Achieves Strong Q2 Results and Raises Annual Earnings Forecast
ICARO Media Group
**Hewlett Packard Enterprise Posts Robust Q2, Shares Surge in After-Hours Trading**
Hewlett Packard Enterprise (HPE) has reported strong financial results for its fiscal second-quarter, surpassing analysts' expectations and revising its full-year profit forecast. The server manufacturer recorded a revenue of $7.63 billion, marking a 6% increase from the same period last year and exceeding Visible Alpha's analyst consensus.
Despite a drop in adjusted net income to $545 million, or 38 cents per share, from $561 million, or 42 cents per share, in the previous year's corresponding quarter, HPE still managed to outpace estimates. This financial performance prompted a more than 3% rise in the company's shares during after-hours trading, though the stock has seen a 17% decline through Tuesday's close in 2025.
For the fiscal year, HPE raised the lower end of its adjusted earnings per share forecast to $1.78 from the previous $1.70, maintaining the upper limit at $1.90. Wall Street analysts had anticipated an adjusted EPS of $1.78. Additionally, the company's third-quarter revenue forecast stood between $8.2 billion and $8.5 billion, surpassing analysts' expectations. HPE's adjusted EPS projection for the same period was estimated between 40 cents and 45 cents.
Marie Myers, CFO of HPE, emphasized the company's commitment to "achieving efficiencies and streamlining operations across our businesses," signaling a strategic focus on improving operational effectiveness.