Analyst Commentary

HPE’s top-line gains indicate long-term successes are in sight

With a restated income statement that reflects recent significant changes to the vendor’s portfolio mix, Hewlett Packard Enterprise (HPE) (NYSE: HPE) achieved $7.7 billion in revenue, representing an 11% increase year-to-year, and an increase of 9% year-to-year when adjusted for currency. A restructuring of HPE’s business units took effect in 4Q17 and is reflected in HPE’s financial reporting for the quarter. TBR believes these shifts better align HPE’s portfolio to the demands customers are bringing to the vendor, as business units are now ali...

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