HP Enterprise's quarterly revenue rises 2.5 percent

Earnings Reuters

(Reuters)

Hewlett Packard Enterprise Co <HPE.N> reported a 2.5 percent rise in quarterly revenue on Tuesday, helped by strong growth in the company's enterprises and financial services businesses.

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The company's net income fell to $165 million, or 10 cents per share, for the third quarter ended July 31, from $2.27 billion, or $1.32 per share, a year earlier.

The net income was partly affected by the spinoff of its enterprise services business with Computer Sciences Corp, HPE said.

Revenue rose to $8.21 billion from $8.01 billion.

 

(Reporting by Arjun Panchadar in Bengaluru)

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