Analyst Commentary

HPE experienced positive yet tenuous results in CY2Q17

In CY2Q17 Hewlett Packard Enterprise (HPE; NYSE: HPE) achieved $8.2 billion in revenue, an increase of 3% year-to-year as reported. TBR believes this can be attributed to HPE’s efforts in laying the groundwork for success, as it finalized the spin-merges of many of its software assets and Enterprise Services while making strategic acquisitions including that of Niara, SimpliVity, Nimble and, most recently, the pending acquisition of Cloud Technology Partners. TBR notes that although progress is being made, HPE still has work to do from a profit...

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