Hewlett Packard Enterprise Q4 2022 Earnings Report
Key Takeaways
Hewlett Packard Enterprise (HPE) reported strong Q4 2022 results, with revenue up 7% year-over-year to $7.9 billion and non-GAAP EPS up 10% to $0.57. The company's annualized revenue run-rate (ARR) was $936 million, up 17% year-over-year.
Revenue was $7.9 billion, up 7% year-over-year (up 12% adjusted for currency).
Annualized revenue run-rate (ARR) was $936 million, up 17% year-over-year (up 25% adjusted for currency).
GAAP EPS was ($0.23), down 112% year-over-year, including a non-cash goodwill impairment charge of $905 million.
Non-GAAP EPS was $0.57, up 10% year-over-year.
Hewlett Packard Enterprise
Hewlett Packard Enterprise
Hewlett Packard Enterprise Revenue by Segment
Forward Guidance
HPE estimates Q1 fiscal 2023 revenue to be in the range of $7.2 billion to $7.6 billion. Reiterates fiscal 2023 revenue growth of 2%-4% adjusted for currency. Reiterates free cash flow guidance of $1.9 to $2.1 billion. Estimates Q1 fiscal 2023 GAAP diluted net EPS to be in the range of $0.32 to $0.40 and non-GAAP diluted net EPS to be in the range of $0.50 to $0.58. Reiterates fiscal 2023 GAAP diluted net EPS to be in the range of $1.38 to $1.46 and non-GAAP diluted net EPS to be in the range of $1.96 to $2.04
Positive Outlook
- Estimates Q1 fiscal 2023 revenue to be in the range of $7.2 billion to $7.6 billion.
- Reiterates fiscal 2023 revenue growth of 2%-4% adjusted for currency
- Reiterates free cash flow guidance of $1.9 to $2.1 billion.
- Estimates Q1 fiscal 2023 GAAP diluted net EPS to be in the range of $0.32 to $0.40 and non-GAAP diluted net EPS to be in the range of $0.50 to $0.58.
- Reiterates fiscal 2023 GAAP diluted net EPS to be in the range of $1.38 to $1.46 and non-GAAP diluted net EPS to be in the range of $1.96 to $2.04
Revenue & Expenses
Visualization of income flow from segment revenue to net income