Analyst Commentary

HPE counters services and software slim-downs with hybrid IT-focused portfolio developments and an upcoming acquisition

Software declines lessened leading up to the spin-merge with Micro Focus

Hewlett Packard Enterprise’s (HPE; NYSE: HPE) Software business posted its 13th consecutive quarter of revenue decline. Though year-to-year declines persist, in 2Q17 (HPE’s FY3Q17), HPE reported its smallest Software decline since 3Q14, at -2.7%, for total software revenue of $718 million in 2Q17. HPE continued to struggle with legacy software declines and industrywide shifts from license to subscription models in its last full quarter with ...

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