other material
confidence high
sentiment neutral
materiality 0.50
HPE restructures segments: combines Compute & HPC into Server, creates Hybrid Cloud
Hewlett Packard Enterprise Co
- New reportable segments: Server, Hybrid Cloud, Intelligent Edge, Financial Services, Corporate Investments and Other.
- Server segment combines former Compute and HPC & AI; Hybrid Cloud includes Storage, GreenLake Flex Solutions, Private Cloud, Software.
- Revised segment data for FY2023 and FY2022 reflects re-alignment; consolidated net revenue, net earnings, EPS unchanged.
- Effective Q1 FY2024; future segment reporting will use the new structure.
- No impact on previously reported consolidated financial statements or total assets.