HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 employees; HPE drops 16%+ after hours (Jordan Novet/CNBC)

Jordan Novet / CNBC: HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 employees; HPE drops 16%+ after hours  —  Hewlett Packard Enterprise shares slid 19% in extended trading on Thursday as the data center equipment maker issued quarterly …

Mar 7, 2025 - 00:43
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HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 employees; HPE drops 16%+ after hours (Jordan Novet/CNBC)

Jordan Novet / CNBC:
HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 employees; HPE drops 16%+ after hours  —  Hewlett Packard Enterprise shares slid 19% in extended trading on Thursday as the data center equipment maker issued quarterly …