Welcome to our dedicated page for Hewlett Packard Enterprise Company news (Ticker: HPE), a resource for investors and traders seeking the latest updates and insights on Hewlett Packard Enterprise Company stock.
Hewlett Packard Enterprise Company (HPE) is an American multinational information technology enterprise specializing in business-focused solutions. Founded in 2015 after its split from HP Inc., HPE's core operations span across servers, storage, networking, containerization software, and consulting and support services. The company leverages its extensive portfolio to facilitate hybrid cloud solutions and hyperconverged infrastructure, making it a pivotal entity in the IT sector.
HPE's product lines are centered around compute servers, storage arrays, and networking equipment. The company aims to lead the edge-to-cloud market, helping businesses transition seamlessly to hybrid cloud environments. This strategic focus has led to significant advancements in high-performance computing and edge computing solutions.
Recent achievements for HPE include strategic partnerships and innovative projects aimed at enhancing its service offerings. Notable collaborations have been forged in communications and media solutions, furthering its footprint in these dynamic sectors. Additionally, HPE's investments in cutting-edge technologies have bolstered its market presence and client base globally.
Financially, HPE employs a largely outsourced manufacturing model and operates with a workforce of approximately 60,000 employees worldwide. This approach ensures efficiency and scalability, allowing HPE to meet the evolving demands of its enterprise clients.
For the latest updates on HPE, including recent news and financial performance, visit the official HPE news source or trusted financial news platforms.
Aruba, a Hewlett Packard Enterprise company, announces that Chase Center, home of the Golden State Warriors, has become the first arena in North America to implement Wi-Fi 6E technology. This deployment significantly enhances bandwidth for fans during events, supporting high-bandwidth activities like streaming and in-seat ordering. The installation includes over 250 Wi-Fi 6E access points, operational since September 3, 2022. The venue's network can handle tremendous data usage, evidenced by peak traffic of over 4.05 TB during events.
Hewlett Packard Enterprise (NYSE: HPE) will conduct its Securities Analyst Meeting on October 19, 2022, at 2:30 p.m. CT (3:30 p.m. ET). The event will feature presentations by Antonio Neri, CEO, and Tarek Robbiati, CFO, discussing HPE’s strategic vision and financial outlook. A live Q&A session will follow the presentations. Participants can access the live webcast at www.hpe.com/investor/SAM2022, with a replay available for a year post-event.
Hewlett Packard Enterprise (NYSE: HPE) announced that Maincare, a top French healthcare software provider, has adopted the HPE GreenLake edge-to-cloud platform to enhance its Maincare Hosting Services. This collaboration aims to address the growing demand for secure, healthcare-certified cloud solutions. Maincare, with over 20 years of experience, emphasizes compliance with stringent regulations for sensitive data storage. This partnership aims to deliver cost-effective, scalable solutions while improving data security and sustainability for healthcare organizations.
Hewlett Packard Enterprise (NYSE: HPE) has announced a partnership with du, a telecommunications company in the UAE, to implement its next-generation Operations Support System (OSS). This deployment aims to accelerate du's digital transformation and enhance its 5G network capabilities. The new OSS will improve service offerings, customer experience, and time to market. HPE's orchestration software will integrate with du's existing systems, ensuring scalability and future readiness for advanced services. This collaboration is expected to solidify du's position in the competitive 5G landscape.
Hewlett Packard Enterprise (NYSE: HPE) has been chosen by King Abdullah University of Science and Technology (KAUST) to develop the Shaheen III supercomputer, set to be the most powerful in the Middle East. Shaheen III will be 20 times faster than its predecessor, enhancing research in critical areas such as clean combustion, Red Sea ecosystems, and climate modeling. Utilizing HPE Cray EX technology, it aims to support AI-at-scale and complex scientific research. The supercomputer is expected to be operational in 2023 and will significantly boost KAUST's capacity for data processing and model generation.
Hewlett Packard Enterprise (NYSE: HPE) has appointed Regina E. Dugan to its Board of Directors, effective immediately. Dugan, the current president and CEO of Wellcome Leap, brings 30 years of experience in advanced technology and leadership. Previously, she directed the U.S. Defense Advanced Research Projects Agency (DARPA) and held leadership roles at tech giants such as Facebook and Google. Her expertise in cybersecurity, cloud, and artificial intelligence is expected to enhance HPE's innovation in edge-to-cloud solutions.
Hewlett Packard Enterprise (NYSE: HPE) has announced that over 250 educational institutions are upgrading to Wi-Fi 6E for enhanced digital learning environments. This upgrade supports increased device connectivity and bandwidth for applications like AR/VR and high-definition video. Since Aruba introduced Wi-Fi 6E solutions in May 2021, they have captured over 35% of the enterprise AP market. Institutions like Texas A&M and Doane University view this technology as essential for future-proofing their networks and improving educational outcomes.
Hewlett Packard Enterprise (HPE) reported Q3 2022 results with revenue of $7.0 billion, reflecting a 1% increase year-over-year, and a 4% increase when adjusted for currency. Gross margins remained stable at 34.5% GAAP and improved sequentially. Net earnings per share were $0.31 GAAP and $0.48 non-GAAP, up 7% and 2% respectively. Free cash flow was $587 million, with capital returns of $353 million to shareholders. HPE maintains a fiscal 2022 revenue growth outlook of 3-4% adjusted for currency, despite challenges from inflation and supply constraints.
Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), announced that its Aruba EdgeConnect Enterprise SD-WAN platform is the first to receive the ICSA Labs Secure SD-WAN Certification. This certification validates the platform's robust security and functionality, allowing enterprises to replace outdated branch firewalls while maintaining high security standards. EdgeConnect offers comprehensive security features including next-generation firewalls and DDoS detection, supporting enterprises in their shift to cloud applications and IoT device management.
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