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HomeMarketHewlett Packard Q3 2024 income and revenue rise; beat estimates | AlphaStreet

Hewlett Packard Q3 2024 income and revenue rise; beat estimates | AlphaStreet

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Info expertise options supplier Hewlett Packard Enterprise (NYSE: HPE) reported a rise in revenues and adjusted earnings for the third quarter of 2024.

July-quarter revenue, excluding one-off gadgets, moved up $0.50 per share from $0.49 per share a yr earlier and got here in above consensus estimates. On a reported foundation, internet revenue was $512 million or $0.38 per share in Q3, in comparison with $464 million or $0.35 per share in the identical interval of 2023.

The tech agency’s revenues elevated to $7.7 billion within the third quarter from $7.0 billion within the prior-year interval and topped expectations, reflecting sturdy efficiency by the primary Server section.

Prior Efficiency

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