HPE beats Q3 FY24 estimates; raises FY EPS guidance on strong AI demand

Hewlett Packard Enterprise Co

2024-Q3 EPS reported $0.92 revenue$21,669,000,000

Q3 revenue $7.7B (+10% YoY); GAAP EPS $0.38, Non-GAAP $0.50, both above guidance.
Server revenue $4.3B (+35% YoY) driven by AI; Intelligent Edge down 23%, Hybrid Cloud down 7%.
Closed sale of 30% of H3C for ~$2.1B; proceeds to benefit Q4 results.
Declared quarterly dividend $0.13/share, payable Oct 18 to holders of record Sep 19.
Raised FY24 Non-GAAP EPS guidance to $1.92-$1.97; Q4 outlook revenue $8.1-$8.4B.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.