Overview

• Hewlett Packard Enterprise reported Q3 revenue of about $9.14 billion and adjusted EPS of 44 cents, topping Wall Street estimates.
• Server sales rose 16% to $4.9 billion and networking jumped 54% to $1.7 billion, reflecting stronger orders for AI-optimized systems using Nvidia GPUs.
• HPE lifted its fiscal 2025 outlook to $34.34 billion–$34.94 billion in revenue and $1.88–$1.92 in adjusted EPS, and guided Q4 revenue to $9.7 billion–$10.1 billion, above consensus.
• The $14 billion Juniper Networks acquisition closed in early July, creating an AI-focused networking unit led by Rami Rahim under DOJ terms that include divesting the Instant On WLAN unit and licensing Mist AI.
• Shares moved higher after hours, recently up about 1.5% to $23.15 following the results.