November 26 - 16:11
224D
HPE revenues miss Wall Street estimates
Hewlett Packard Enterprise missed its quarterly revenue estimates on Monday, resulting in a 4% share drop in trading after the bell. A lower demand for servers and storage products has been sighted as the cause. According the Reuters, the company had previously warned of "uneven demand" due to U.S.-China trade tensions. HPE’s revenue fell 9.2% to $7.22 billion, below estimates of $7.4 billion.
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