Hewlett Packard Enterprise Co Stock Price, News & Analysis

Aruba, a subsidiary of Hewlett Packard Enterprise (NYSE: HPE), has again been named a Leader in the Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure. The company excelled in all five Use Cases of Gartner's Critical Capabilities report, especially in Remote Branch Office and WLAN-Only Refresh/New Build categories. Recognized for its AI-powered Aruba ESP, the company offers solutions like cloud-native management, Wi-Fi 6 access points, and Zero Trust security. This marks the 17th recognition for Aruba, reflecting strong market position and innovative capabilities.

Hewlett Packard Enterprise (NYSE: HPE) announced that its Aruba technology powers the immersive Star Wars: Galactic Starcruiser experience at Walt Disney World Resort. The attraction allows guests to engage in a unique two-night adventure featuring missions and themed activities, supported by Aruba’s advanced network infrastructure. This initiative is part of Disney's 50th Anniversary celebration and aims to deliver seamless connectivity for guests. The Galactic Starcruiser has received industry recognition, including Thea Award for Outstanding Achievement.

Hewlett Packard Enterprise (NYSE: HPE) has announced a partnership with the 2023 Ryder Cup to provide advanced technological solutions at the event in Rome, Italy, scheduled for September 2023. As the Official Supplier, HPE will implement a high-performance wired and wireless network platform, enhancing connectivity and data processing for over 250,000 attendees. Utilizing the HPE GreenLake edge-to-cloud platform, the initiative aims to improve fan engagement, sponsorship opportunities, and operational efficiency while prioritizing sustainability amidst technological challenges.

Hewlett Packard Enterprise (NYSE: HPE) has announced major updates to HPE GreenLake, enhancing its hybrid cloud capabilities. Key features include expanded container deployment options via Amazon EKS Anywhere and six workload-optimized instances that simplify pricing and consumption. The partner ecosystem now includes Red Hat OpenShift and VMware, providing customers broader service options. Additionally, HPE GreenLake is available in 52 countries, with new consumption analytics offering improved budgeting insights. HPE continues to support over 65,000 customers globally, leveraging its edge-to-cloud strategy.

Hewlett Packard Enterprise (HPE) reported strong financial results for Q4 and fiscal year 2022. Revenue reached $7.9 billion, marking a 7% increase year-over-year, while annual revenue totaled $28.5 billion, up 3%. The company achieved an annualized revenue run-rate of $936 million, reflecting a 17% growth. However, GAAP diluted EPS fell to ($0.23) due to a $905 million goodwill impairment. Looking ahead, HPE estimates Q1 2023 revenue between $7.2 billion and $7.6 billion and maintains a fiscal 2023 revenue growth outlook of 2%-4%.

Qumulo and Hewlett Packard Enterprise (HPE) have announced new hybrid-NVMe solutions aimed at simplifying data storage management. These solutions feature Qumulo software running on HPE Apollo 4200 Gen10 Plus servers, providing a mix of high-performance and cost efficiency without compromising on speed. Key enhancements include advanced enterprise-grade security features at no extra cost and a cloud-like experience through HPE GreenLake. This partnership continues to strengthen their collaboration in serving various industries with innovative file solutions.

Hewlett Packard Enterprise (NYSE: HPE) partners with Yahoo! JAPAN to enhance sustainability by utilizing HPE Asset Upcycling Services for end-of-use hardware. This initiative supports Yahoo! JAPAN's commitment to carbon neutrality and responsible IT asset management. HPE's services will secure and refurbish obsolete equipment, ensuring data security and extending the lifecycle of IT assets. In 2021, HPE reused about 85% of over three million returned assets, sharing the generated revenue with clients to fund new projects.

Hewlett Packard Enterprise (NYSE: HPE) will hold a live audio webcast to discuss its financial results for the fourth quarter of fiscal 2022, ending October 31, 2022. The conference call is set for November 29, 2022, at 4:00 p.m. CT (5:00 p.m. ET). The webcast can be accessed at www.hpe.com/investor/2022Q4Webcast. A replay will be available shortly after the call and will remain online for about a year. HPE is focused on providing edge-to-cloud solutions that enhance operational performance and unlock data value.