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General

HPE lifts outlook again after beating earnings expectations in July quarter

Friday 3 September 2021 | 10:02 CET | News
Hewlett Packard Enterprise has again raised its guidance for the full-year, for the fourth quarter in a row, after reporting higher-than-expected earnings for its fiscal third quarter to 31 July. CEO Antonio Neri said growth was driven by a strong order increase, expanded margins and record free cash flow. The CEO noted HPE's differentiated portfolio resonated well with the market and that its edge-to-cloud strategy drove improved momentum across all businesses. HPE declared a regular cash dividend of USD 0.12 per share but reinstated its share buyback programme, targeting share repurchases

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Categories: General
Companies: Hewlett Packard Enterprise / HPE / MCS
Countries: World
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