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HP Enterprise reports Q1 adjusted EPS 63c, consensus 54c

Reports Q1 revenue $7.8B, consensus $7.43B. "HPE delivered exceptional results in Q1, posting our highest first quarter revenue since 2016 and best-ever non-GAAP operating profit margin," said Antonio Neri, president and CEO of Hewlett Packard Enterprise. "Powered by our market-leading hybrid cloud platform HPE GreenLake, we unlocked an impressive run rate of $1 billion in annualized revenue for the first time. These results, combined with a winning strategy and proven execution, position us well for FY23, and give us confidence to raise our financial outlook for the full year."

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