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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.

Total Revenue
$6.82B
Previous year: $7.22B
-5.6%
EPS
$0.32
Previous year: $0.45
-28.9%
ARR
$528M
Gross Profit
$2.1B
Previous year: $2.45B
-14.3%
Cash and Equivalents
$8.47B
Previous year: $3.69B
+129.2%
Free Cash Flow
$924M
Total Assets
$58.2B
Previous year: $50.8B
+14.7%

Hewlett Packard Enterprise

Hewlett Packard Enterprise

Hewlett Packard Enterprise 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.

Revenue & Expenses

Visualization of income flow from segment revenue to net income