$HPE (+2,55%) | Hewlett Packard Enterprise Q3 '24 Earnings Highlights:

🔹 EPS: $0.50 (Est. $0.47) 🟢; UP +2% YoY

🔹 Revenue: $7.71B (Est. $7.66B) 🟢; UP +10% YoY

Q4 '24 Guidance: 

🔹 EPS: $0.52-$0.57 (Est. $0.54) 🟡

🔹 Revenue: $8.1B-$8.4B (Est. $8.15B) 🟢

FY24 Guidance: 

🔹 Revenue Growth: 1% to 3% in constant currency

🔹 Non-GAAP Diluted Net EPS: $1.92-$1.97 (Est. $1.92) 🟡

🔹 Free Cash Flow: $1.9B (Prev. "at least" $1.9B; Est. $2.21B) 🔴

Segment Revenue: 

🔹 Server: $4.28B (Est. $4.29B) 🟡; UP +35% YoY

—Operating Profit Margin: 10.8% (UP from 10.1% YoY)

🔹 Intelligent Edge: $1.12B (Est. $1.12B) 🟡; DOWN -23% YoY

—Operating Profit Margin: 22.4% (DOWN from 27.6% YoY)

🔹 Hybrid Cloud: $1.3B (Est. $1.29B) 🟢; DOWN -7% YoY

—Operating Profit Margin: 5.1% (DOWN from 5.4% YoY)

🔹 Financial Services: $879M (Est. $879.6M) 🟡; UP +1% YoY

—Operating Profit Margin: 9.0% (UP from 8.2% YoY)

🔹 Corporate Investments and Other Revenue: $262M (Est. $252.4M) 🟢; UP +6.5% YoY

Q3 '24 Non-GAAP Financial: 

🔹 Adjusted Operating Margin: 10% (Est. 10%) 🟡

🔹 Adjusted Gross Margin: 31.8% (Est. 33.4%) 🔴; DOWN from 35.9% YoY

🔹 Cash Flow from Operations: $1.15B (Est. $1.46B) 🔴; DOWN -24% YoY

🔹 Free Cash Flow: $669M (Est. $813.8M) 🔴

Dividend Update: 

🔹 Quarterly Dividend: $0.13/share, payable on October 18, 2024

CEO Antonio Neri's Commentary: 

🔸 "We delivered a strong third quarter, with impressive revenue growth, especially from our AI system conversion, and we improved profitability. These results reflect our momentum in delivering on our edge-to-cloud strategy across networking, hybrid cloud, and AI. We have driven meaningful innovation throughout our portfolio, which increases our relevancy with customers and positions us to continue to deliver profitable growth for shareholders."