Hewlett Packard Enterprise Company - HPE STOCK NEWS

Hewlett Packard Enterprise (NYSE: HPE) has announced a partnership with the 2023 Ryder Cup to provide advanced technological solutions at the event in Rome, Italy, scheduled for September 2023. As the Official Supplier, HPE will implement a high-performance wired and wireless network platform, enhancing connectivity and data processing for over 250,000 attendees. Utilizing the HPE GreenLake edge-to-cloud platform, the initiative aims to improve fan engagement, sponsorship opportunities, and operational efficiency while prioritizing sustainability amidst technological challenges.

Hewlett Packard Enterprise (NYSE: HPE) has announced major updates to HPE GreenLake, enhancing its hybrid cloud capabilities. Key features include expanded container deployment options via Amazon EKS Anywhere and six workload-optimized instances that simplify pricing and consumption. The partner ecosystem now includes Red Hat OpenShift and VMware, providing customers broader service options. Additionally, HPE GreenLake is available in 52 countries, with new consumption analytics offering improved budgeting insights. HPE continues to support over 65,000 customers globally, leveraging its edge-to-cloud strategy.

Hewlett Packard Enterprise (HPE) reported strong financial results for Q4 and fiscal year 2022. Revenue reached $7.9 billion, marking a 7% increase year-over-year, while annual revenue totaled $28.5 billion, up 3%. The company achieved an annualized revenue run-rate of $936 million, reflecting a 17% growth. However, GAAP diluted EPS fell to ($0.23) due to a $905 million goodwill impairment. Looking ahead, HPE estimates Q1 2023 revenue between $7.2 billion and $7.6 billion and maintains a fiscal 2023 revenue growth outlook of 2%-4%.

Qumulo and Hewlett Packard Enterprise (HPE) have announced new hybrid-NVMe solutions aimed at simplifying data storage management. These solutions feature Qumulo software running on HPE Apollo 4200 Gen10 Plus servers, providing a mix of high-performance and cost efficiency without compromising on speed. Key enhancements include advanced enterprise-grade security features at no extra cost and a cloud-like experience through HPE GreenLake. This partnership continues to strengthen their collaboration in serving various industries with innovative file solutions.

Hewlett Packard Enterprise (NYSE: HPE) partners with Yahoo! JAPAN to enhance sustainability by utilizing HPE Asset Upcycling Services for end-of-use hardware. This initiative supports Yahoo! JAPAN's commitment to carbon neutrality and responsible IT asset management. HPE's services will secure and refurbish obsolete equipment, ensuring data security and extending the lifecycle of IT assets. In 2021, HPE reused about 85% of over three million returned assets, sharing the generated revenue with clients to fund new projects.

Hewlett Packard Enterprise (NYSE: HPE) will hold a live audio webcast to discuss its financial results for the fourth quarter of fiscal 2022, ending October 31, 2022. The conference call is set for November 29, 2022, at 4:00 p.m. CT (5:00 p.m. ET). The webcast can be accessed at www.hpe.com/investor/2022Q4Webcast. A replay will be available shortly after the call and will remain online for about a year. HPE is focused on providing edge-to-cloud solutions that enhance operational performance and unlock data value.

HPE and VMware have announced a partnership to deliver HPE GreenLake for VMware, aimed at creating a unified, modern hybrid cloud solution. The collaboration is designed to help organizations address the complexities of cloud management with a pay-as-you-go model. This integrated service focuses on offering flexibility and choice, enabling customers to optimize their infrastructure across various environments. Expected to be available in the first half of 2023, this solution enhances the operational framework for over 200,000 shared customers of both companies.

Hewlett Packard Enterprise (NYSE: HPE) has launched its next-generation compute portfolio, featuring HPE ProLiant Gen11 servers designed for hybrid environments and digital transformation. These servers provide an intuitive cloud experience, enhanced security with HPE's Silicon Root of Trust, and optimized performance for AI and machine learning workloads. Key features include double the I/O bandwidth, 50% more CPU cores, and 33% greater GPU density compared to previous models. HPE GreenLake for Compute Ops Management offers a simplified management interface and carbon footprint tracking.