Analyst Commentary

HPE’s FY2017 closes out with big moves



HPE ends FY2017 with the announcement of Whitman’s upcoming replacement by Neri in early 2018

In CY3Q17 Hewlett Packard Enterprise (HPE), (NYSE: HPE) achieved $7.7 billion in revenue. TBR believes portfolio shifts made thus far in 2017, including the finalization of spin-merges and a series of strategic acquisitions, position the vendor well for long-term gains. However, the speed with which HPE made these changes results in a near-term portfolio that resembles a jigsaw, and will take HPE some time to take its valu...

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