HPE quarterly revenue rises 10 pct

In this article:

May 22 (Reuters) - Hewlett Packard Enterprise Co reported a 9.7 percent rise in quarterly revenue on Tuesday, helped by higher demand for servers and networking equipment.

Net profit was $778 million, or 50 cents per share, in the second quarter ended April 30, compared with a loss of $612 million, or 37 cents per share, a year earlier.

Revenue rose to $7.47 billion from $6.81 billion. (Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D'Silva)

Advertisement