Hewlett Packard Enterprise Company Quarterly Results Beat; Shares Surge Nearly 30% After Hours
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Hewlett Packard Enterprise (HPE) reported a 40% YoY revenue surge to $10.7 billion for Q2, with non-GAAP EPS of $0.79 beating guidance. Shares jumped nearly 30% after hours. Cloud and AI revenues hit $7.71 billion, exceeding expectations. HPE raised FY2026 revenue growth forecasts to 29-33% and EPS guidance to $3.35-$3.45, stating performance is two years ahead of plan.
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