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IT

HPE improves underlying earnings as DXC charge results in net loss

Wednesday 28 August 2019 | 09:19 CET | News
Hewlett Packard Enterprise reported a net loss of USD 27 million for its fiscal third quarter to July, hurt by an arbitration award to DXC, its spun off services arm, compared to a profit of USD 451 million a year earlier. Adjusted earnings still rose 7 percent to USD 0.45 per share, better than the company's forecast, and HPE again raised its outlook for the full year's underlying earnings. 

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Categories: IT
Companies: Hewlett Packard Enterprise / HPE
Countries: World
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