secwatch.observer — SEC 8-K summary
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Issuer:     Hewlett Packard Enterprise Co (HPE)
CIK:        0001645590
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001645590-24-000058
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HPE Q1 revenue $6.8B (-14% YoY), non-GAAP EPS $0.48 beats, ARR $1.4B (+42%)
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- Revenue $6.8B (-14% YoY); GAAP EPS $0.29 (-24%), non-GAAP EPS $0.48 (-24%, high-end of guidance).
- Annualized recurring revenue (ARR) $1.4B (+42% YoY); non-GAAP gross margin 36.2% (+200bps).
- Segment: Server $3.4B (-23%), Intelligent Edge +3%, Hybrid Cloud -10%, Financial Services flat.
- Q2 FY24 guidance: rev $6.6-7.0B, non-GAAP EPS $0.36-$0.41; FY24: rev flat to +2% CC, non-GAAP EPS $1.82-$1.92, FCF >=$1.9B.
- HPE declares $0.13/share quarterly dividend, payable Apr 12, record Mar 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1645590/000164559024000058/0001645590-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1645590/000164559024000058/hpe-20240229.htm
  HTML page:      https://secwatch.observer/filing/0001645590-24-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer