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Jul 31, 2020
Hewlett Packard Enterprise Q3 2020 Earnings Report
Hewlett Packard Enterprise's Q3 2020 results reflected strong execution and sequential growth.
Key Takeaways
Hewlett Packard Enterprise reported Q3 2020 results with revenue of $6.8 billion, a GAAP EPS of $0.01, and a non-GAAP EPS of $0.32. The company experienced sequential growth and improved supply chain execution.
Revenue was $6.8 billion, up 13% sequentially.
GAAP EPS was $0.01, and non-GAAP EPS was $0.32.
Free cash flow was $924 million, up 43% from the prior-year period.
ARR was $528 million, up 11% from the prior-year period.
Revenue by Segment
Forward Guidance
For the fiscal 2020 fourth quarter, Hewlett Packard Enterprise estimates GAAP diluted net EPS to be in the range of $0.02 to $0.06 and non-GAAP diluted net EPS to be in the range of $0.32 to $0.36.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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