HP Enterprise reports Q4 ARR at $1.9B, up 49% y/y

Reports Q4: Server revenue was $4.7 billion, up 32% from the prior-year period in actual dollars and up 31% in constant currency(1), with 11.6% operating profit margin, compared to 10.1% from the prior-year period. Intelligent Edge revenue was $1.1 billion, down 20% from the prior-year period in actual dollars and in constant currency(1), with 24.4% operating profit margin, compared to 27.1% in the prior-year period. Hybrid Cloud revenue was $1.6 billion, up 18% from the prior-year period in actual dollars and in constant currency(1), with 7.7% operating profit margin, compared to 3.8% from the prior-year period. Financial Services revenue was $893 million, up 2% from the prior-year period in actual dollars and in constant currency(1), with 9.2% operating profit margin, compared to 8.0% from the prior-year period.