Analysis: HPE, Inc. announces Q3 FY2024 financial results

Analysis: HPE, Inc. announces Q3 FY2024 financial results

Chris EvansAnalysis, Data Practice: Data Storage, Enterprise, HPE, Individual Subscribers, Storage

HPE, Inc. has announced Q3 FY2024 financial results that show a year-on-year revenue increase of 10.1% but a second quarter of significant variance by business unit.  The Server segment reported growth of 35%, while Intelligent Edge was down 23% and Hybrid Cloud revenue down 7%.  HPE seems to be highly focused on selling servers, but other parts of the business show little good news.

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