Tag: $Hewlett Packard Enterprise

Shares of Hewlett Packard Enterprises dropped in postmarket trading after the company said it has commenced a public offering of $1.35 billion of Series C mandatory company convertible preferred stock. The stock was down 5.2% to $16.68 on Monday. Shares have increased 3.7% since the beginning of the year.

Hewlett Packard Enterprise Co. reported weaker-than-expected margins, suggesting lower profitability than anticipated in its closely watched business of selling servers for artificial intelligence work.

Momentum in artificial-intelligence servers lifted Hewlett Packard Enterprise Co. to a sizable revenue beat in the latest quarter as the company returned to growth.

Hewlett Packard Enterprise said it had mixed results in its fiscal first quarter after seeing revenue drop due to its server and hybrid cloud business units.

Hewlett Packard Enterprise and Juniper Networks said HPE will acquire Juniper in an all-cash transaction for $40 a share, or about $14 billion.

Hewlett Packard Enterprise is in talks to buy Juniper Networks  in a deal valuing the network gear maker at about $13 billion, a person familiar with the matter told Reuters on Monday.

Hewlett Packard Enterprise posted October-quarter financial results that were largely in line with Street estimates, driven by growing strength in its high-performance-computing and AI segment, where it is finding traction in particular with customers training large language models.

Hewlett Packard Enterprise reported higher revenue in the latest quarter, driven by strength in its High Performance Computing & Artificial Intelligence segment.

Hewlett Packard Enterprise posted mixed results for its fiscal second quarter ended April 30, while slightly reducing guidance for the full year