Hewlett Packard Enterprise (NYSE: HPE) reported its financial performance for the fourth quarter ending October 31, 2024. The company achieved record revenue during this period, concluding a strong fiscal year 2024. According to Antonio Neri, president and CEO, HPE not only met but also surpassed its commitments for revenue, earnings per share (EPS), and free cash flow for the entire year. He emphasized that the diverse offerings in hybrid cloud, artificial intelligence (AI), and networking, bolstered by the upcoming acquisition of Juniper Networks, strategically position HPE to leverage growth opportunities in the market.
Financial Highlights
- Record quarterly revenue for Q4 FY 2024.
- Exceeded full-year commitments for revenue, EPS, and free cash flow.
- Focus on hybrid cloud, AI, and networking as key growth areas.
- Pending acquisition of Juniper Networks expected to enhance offerings.