$HCN 2Q15 PR: Gross revenues for the quarter were $957.1MM compared to $826.4MM in the same period last year. Net income attributable to common stockholders for the quarter was $312.5MM compared to $71.8MM in the same period last year.
In 1Q17, $HPE’s Enterprise Group revenue was down 6%. Server revenue declined 11% due to a softer than expected core server market combined with some execution challenges. Storage revenue declined 12%. Networking revenue was up 6%. Enterprise Services revenue fell 6%. Software revenue was down 1%. Financial Services revenue grew 7%.
The high-performance compute segment is an $11Bil market and is
expected to grow around 6-8% annually over the next three years. With the explosion of data across industries
and sectors, the data analytics segment is growing at over twice this rate. In
1Q17, $HPE announced a number of new offerings for life sciences and financial
$GPS expects 1H17 EPS to decrease relative to adjusted EPS for the same period a year ago. This percentage decrease is expected to be in the high single digits. Additionally, $GPS expects inventory levels to decrease over time.