Hewlett Packard Enterprise (HPE) announced fiscal Q1/17 net revenue of $11.4 billion was down 10% from the prior-year period and down 4% when adjusted for divestitures and currency. Net earnings of $267 million in fiscal Q1/17 was “flat” compared to $267 million for the same period a year earlier.
“I believe HPE remains on the right track,” said Meg Whitman, president and CEO of Hewlett Packard Enterprise. “The steps we’re taking to strengthen our portfolio, streamline our organization, and build the right leadership team, are setting us up to win long into the future.”
The following highlights with regard to HPE’s Financial Services business were excerpted from the news release:
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!