1/10/2024 0 Comments Hp goowill writedown![]() Revenue grew 50% sequentially driven by strong performance in Cray, HPC-Apollo and MCS. High Performance Compute & Mission Critical Systems (HPC & MCS) revenue was $975 million, up 25% year over year, with 12.2% operating profit margin, compared to 10.2% from the prior-year period.The Company also expects to take share in both campus switching and WLAN. Intelligent Edge best-in-class portfolio was recognized as a leader for the 15 th year in the Gartner Magic Quadrant for wired and WLAN access infrastructure. Revenue grew 15% sequentially or 14% when adjusted for currency. Intelligent Edge revenue was $786 million, up 6% year over year or 5% when adjusted for currency, with 10.1% operating profit margin, compared to 6.2% from the prior-year period.Fourth quarter non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax adjustments of $329 million and $0.25 per diluted share, respectively, primarily related to transformation costs and amortization of purchased intangible assets.Ĭash flow from operations of $747 million, down $685 million from the prior-year period.įree cash flow of $223 million, down $655 million from the prior-year period and in-line with our guidance. ![]() Non-GAAP diluted net EPS was $0.37, compared to $0.49 in the prior-year period and above the previously provided outlook of $0.32 to $0.36 per share. GAAP diluted net earnings per share (“EPS”) was $0.12, compared to $0.36 in the prior-year period and above the previously provided outlook of $0.02 to $0.06 per share. GAAP gross margins of 30.6%, down 260 basis points from the prior-year period and Non-GAAP of 30.6%, down 270 basis points from the prior-year period. Based on strong customer demand and recent wins, we are reiterating our 2019 Securities Analyst Meeting ARR guidance of 30-40% Compounded Annual Growth Rate from fiscal year 2019 to fiscal year 2022. Revenue grew 6% sequentially or 5% when adjusted for currency to pre-pandemic levels as our growth businesses of HPC & MCS and Intelligent Edge executed strongly.Īnnualized revenue run-rate (ARR) of $585 million, up 30% from the prior-year period. Net revenue of $7.2 billion, flat from the prior-year period. “Based on the strong finish to FY20 and increased confidence in profitability going into Q1, we are raising our FY21 EPS guidance.” “Our focused strategy and disciplined execution are delivering results,” said Tarek Robbiati, EVP and CFO of Hewlett Packard Enterprise. “Over the last several months, customers have increasingly turned to HPE for our unique capabilities from edge to cloud that help them empower their workforces, deploy resilient new IT solutions and extract insights from critical data, while consuming these solutions more flexibly as a service.” “The global pandemic has forced businesses to rethink everything from remote work and collaboration to business continuity and data insight,” he continued. “In Q4 we saw a notable rebound in our overall revenue, with particular acceleration in key growth areas of our business.” “Hewlett Packard Enterprise finished the year with a very strong performance,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. SAN JOSE, Calif.-( BUSINESS WIRE)-Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for the fourth quarter, ended October 31, 2020. Fiscal 2021 free cash flow 1: Reiterates free cash flow guidance of $0.9 to $1.1 billion.Fiscal 2021 earnings per share: Raises GAAP diluted net earnings per share outlook to $0.38 to $0.56 and non-GAAP diluted net earnings per share outlook to $1.60 to $1.78.Fiscal 2021 First quarter: Estimates GAAP diluted net earnings per share to be in the range of $0.02 to $0.06 and non-GAAP diluted net EPS to be in the range of $0.40 to $0.44.Dividend: declared a regular cash dividend of $0.12 per share, payable on January 6, 2021.Non-GAAP of $0.37, above the previously provided outlook of $0.32 to $0.36 per share ![]() GAAP of $0.12, above the previously provided outlook of $0.02 to $0.06 per share
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