Hewlett Packard Enterprise Q2 2021 Earnings Report
Key Takeaways
Hewlett Packard Enterprise announced strong Q2 2021 results, marked by revenue growth of 11% year-over-year, strong profitability, and free cash flow generation. The company raised its full-year EPS and free cash flow outlook, reflecting continued momentum in the demand environment and strong operational performance.
Revenue was $6.7 billion, up 11% year-over-year.
Annualized revenue run-rate (ARR) was $678 million, up 30% year-over-year.
GAAP EPS was $0.19, and non-GAAP EPS was $0.46, up 70% year-over-year.
Free cash flow was $368 million, up $770 million from the prior-year period.
Hewlett Packard Enterprise
Hewlett Packard Enterprise
Hewlett Packard Enterprise Revenue by Segment
Forward Guidance
Hewlett Packard Enterprise provided the following outlook: Fiscal 2021 Third quarter: Estimates GAAP diluted net EPS to be in the range of $0.04 to $0.10 and non-GAAP diluted net EPS to be in the range of $0.38 to $0.44 and Fiscal 2021: Raises GAAP diluted net EPS outlook to $0.60 to $0.72 and non-GAAP diluted net EPS outlook to $1.82 to $1.94 and Raises free cash flow guidance to $1.2 to $1.5 billion
Revenue & Expenses
Visualization of income flow from segment revenue to net income