Hewlett Packard Enterprise (NYSE: HPE) reported second quarter 2022 earnings outcomes at the moment.
Internet income inched up 0.2% year-over-year to $6.7 billion. Income progress was 1.5% when adjusted for forex.
GAAP EPS of $0.19 remained flat from the prior-year interval whereas adjusted EPS amounted to $0.44 in comparison with $0.46 final 12 months.
Each income and earnings missed expectations, sending the inventory down 6% in after-market hours on Wednesday.
Annualized income run-rate (ARR) was up 25% YoY to $829 million.
For FY2022, HPE expects revenues to develop 3-4% adjusted for forex.