HP Enterprise Earnings Top Expectations as AI Demand Boosts Server Sales [Yahoo! Finance]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
h30261.www3.hp.com
Company Research
Source: Yahoo! Finance
HP Enterprise's revenue rose to a record while its net income more than doubled from the same period last year, the company said Thursday. The company forecast revenue would grow in the mid-teens in the current quarter, an outlook consistent with analysts' expectations. Hewlett Packard Enterprise ( HPE ) delivered fiscal fourth-quarter earnings that beat analysts' expectations, driven by growth in server revenue. The server maker posted record revenue of $8.5 billion, up 15% year-over-year and above the analyst consensus compiled by Visible Alpha. Net income was $1.34 billion, or 99 cents per share, up from $642 million, or 49 cents per share, a year earlier. HP Enterprise server revenue jumped 32% to $4.7 billion, above analysts' estimates. In October, the company unveiled new servers powered by Advanced Micro Devices ( AMD ) chips and designed to support artificial intelligence (AI) clusters for tasks like training large language models Revenue from the company's Intellig
Show less
Read more
Impact Snapshot
Event Time:
HPQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HPQ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HPQ alerts
High impacting HP Inc. news events
Weekly update
A roundup of the hottest topics
HPQ
News
- Blueprints For 2025: 5 Transformative Trends Every Leader Should Know [Forbes]Forbes
- What Makes HP Inc. (HPQ) a Favorite Stock for Billionaire David Einhorn? [Yahoo! Finance]Yahoo! Finance
- UniDoc Health Corp. Reflects on a Year of Growth and Innovation [Yahoo! Finance]Yahoo! Finance
- Mark Murphy, veteran Orange County politician, dies at 67 [Los Angeles Times (CA)]Los Angeles Times
- Former Orange mayor, city councilman Mark Murphy dies at 67 [CBS News]CBS News
HPQ
Earnings
- 11/26/24 - Miss
HPQ
Sec Filings
- 12/23/24 - Form 4
- 12/16/24 - Form 4
- 12/13/24 - Form 144
- HPQ's page on the SEC website