HPE 2shares surge after strong quarterly results 32, with Dell and SMCI also rising
Hewlett Packard Enterprise 2reported quarterly earnings per share of 0.79 dollars and revenue of 106.8 billion dollars, beating expectations. After the market close, its shares rose 32.72%–36.40%, while shares of Dell and Super Micro Computer also climbed.
Hewlett Packard Enterprise 2reported quarterly results. Earnings per share (EPS) came to 0.79 dollars, above the market forecast of 0.53 dollars. The company released its results and forward guidance on the same day.
Revenue 106.8 totaled 97.9 billion dollars, exceeding the market estimate of billion dollars. The company said the revenue figure reflected a significant increase from the same period a year earlier. Strong demand for AI infrastructure was cited as a factor behind the robust revenue.
Revenue increased year over year by 40%. In its earnings announcement, management said demand for AI and infrastructure modernization drove the results. The company presented its outlook on the basis of this trend.
Hewlett Packard Enterprise 2026revenue growth rate for the year at 29%–33%. The company announced this range as 2026full-year guidance. Management cited demand for AI infrastructure and data center investment as the basis for the guidance.
2027revenue growth outlook for the year at 8%–12%. The company 2027outlook as 2026a scenario of slower growth compared with the previous year. Management said it would continue to monitor long-term demand trends.
After the market close, the stock rose sharply, ranging 32.72% to 36.40%. Shares of Dell and Super Micro Computer also rose. The earnings announcement led to buying across the sector related to demand for enterprise AI servers.
Sources: Benzinga
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