{"id":58084,"date":"2020-08-27T22:23:05","date_gmt":"2020-08-27T20:23:05","guid":{"rendered":"https:\/\/www.planet3dnow.de\/cms\/?p=58084"},"modified":"2020-08-27T22:23:05","modified_gmt":"2020-08-27T20:23:05","slug":"hpe-reports-q3-results","status":"publish","type":"post","link":"https:\/\/www.planet3dnow.de\/cms\/58084-hpe-reports-q3-results\/","title":{"rendered":"<span class=\"caps\">HPE<\/span> Reports <span class=\"caps\">Q3<\/span> Results"},"content":{"rendered":"<div class=\"pop-up-title float100\">\n<p><b><span class=\"caps\">Q3<\/span> 2020 Finan\u00adcial Highlights:<\/b><\/p>\n<\/div>\n<div class=\"pop-up-bottom float100\">\n<ul class=\"bwlistdisc\">\n<li><b>Reve\u00adnue:<\/b>&nbsp;$6.8 bil\u00adli\u00adon, up 13% sequen\u00adti\u00adal\u00adly or 14% when adjus\u00adted for currency<\/li>\n<li><b>Gross Pro\u00adfit:<\/b>&nbsp;$2.1 bil\u00adli\u00adon, up 8% sequentially<\/li>\n<li><b>Ope\u00adra\u00adting Pro\u00adfit:<\/b>&nbsp;<span class=\"caps\">GAAP<\/span> of $12 mil\u00adli\u00adon, up 101% sequen\u00adti\u00adal\u00adly and Non-GAAP of $484 mil\u00adli\u00adon, up 33% sequentially<\/li>\n<li><b>Annua\u00adli\u00adzed reve\u00adnue run-rate (<span class=\"caps\">ARR<\/span>):&nbsp;<\/b>$528 mil\u00adli\u00adon, up 11% from the pri\u00ador-year period<\/li>\n<li><b>Diluted net ear\u00adnings per&nbsp;share:<\/b><\/li>\n<li><span class=\"caps\">GAAP<\/span> of $0.01 due to the acce\u00adle\u00adra\u00adti\u00adon of trans\u00adfor\u00adma\u00adti\u00adon pro\u00adgram, com\u00adpared to ($0.02) from the pri\u00ador-year period<\/li>\n<li>Non-GAAP of $0.32, com\u00adpared to $0.45 from the pri\u00ador-year period<\/li>\n<li><b>Cash flow from Ope\u00adra\u00adti\u00adons<\/b>&nbsp;of $1.5 bil\u00adli\u00adon, up 23% from the pri\u00ador-year period<\/li>\n<li><b>Free Cash Flow<\/b>&nbsp;of $924 mil\u00adli\u00adon, up 43% from the pri\u00ador-year period<\/li>\n<li><b><span class=\"caps\">Q4<\/span> <span class=\"caps\">FY20<\/span> divi\u00addend<\/b>&nbsp;of $0.12 a share, paya\u00adble on Octo\u00adber 7,&nbsp;2020<\/li>\n<\/ul>\n<p><b><span class=\"caps\">Q3<\/span> 2020 Key Highlights:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>Redu\u00adced our <span class=\"caps\">Q2<\/span> <span class=\"caps\">FY20<\/span> back\u00adlog by more than $500 mil\u00adli\u00adon through impro\u00adved sup\u00adp\u00adly chain execution<\/li>\n<li>Gai\u00adned momen\u00adtum in key invest\u00adment are\u00adas: <span class=\"caps\">HPE<\/span> Green\u00adLa\u00adke ser\u00advices orders grew a record 80% from the pri\u00ador-year peri\u00adod or 82% when adjus\u00adted for currency<\/li>\n<li>Announ\u00adced intent to acqui\u00adre <span class=\"caps\">SD-WAN<\/span> lea\u00adder Sil\u00adver&nbsp;Peak<\/li>\n<li>Laun\u00adched next-gene\u00adra\u00adti\u00adon <span class=\"caps\">HPE<\/span> Green\u00adLa\u00adke cloud ser\u00advices, <span class=\"caps\">HPE<\/span> Ezme\u00adral soft\u00adware port\u00adfo\u00adlio and the Aru\u00adba Edge Ser\u00advices Platform<\/li>\n<\/ul>\n<p><b><span class=\"caps\">FY<\/span> 2020 Outlook:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Ear\u00adnings per Share<\/b>: <span class=\"caps\">Q4<\/span> 2020 <span class=\"caps\">GAAP<\/span> diluted net ear\u00adnings per share of $0.02 to $0.06 and non-GAAP diluted net ear\u00adnings per share of $0.32 to $0.36. <span class=\"caps\">FY<\/span> 2020 <span class=\"caps\">GAAP<\/span> diluted net loss per share of $0.35 to $0.31. <span class=\"caps\">FY<\/span> 2020 non-GAAP diluted net ear\u00adnings per share of $1.30 to $1.34.<\/li>\n<\/ul>\n<p><span class=\"dquo\">\u201c<\/span>Our <span class=\"caps\">Q3<\/span> results are mark\u00aded by strong exe\u00adcu\u00adti\u00adon and sequen\u00adti\u00adal growth,\u201d said Anto\u00adnio Neri, pre\u00adsi\u00addent and <span class=\"caps\">CEO<\/span> of Hew\u00adlett Packard Enter\u00adpri\u00adse. \u201cWe signi\u00adfi\u00adcant\u00adly impro\u00adved ope\u00adra\u00adtio\u00adnal and sup\u00adp\u00adly chain exe\u00adcu\u00adti\u00adon and advan\u00adced our inno\u00adva\u00adti\u00adon agen\u00adda with the intro\u00adduc\u00adtion of <span class=\"caps\">HPE<\/span> Green\u00adLa\u00adke cloud ser\u00advices solu\u00adti\u00adons, our new <span class=\"caps\">HPE<\/span> Ezme\u00adral soft\u00adware port\u00adfo\u00adlio, and our plan\u00adned acqui\u00adsi\u00adti\u00adon of <span class=\"caps\">SD-WAN<\/span> lea\u00adder Sil\u00adver&nbsp;Peak.\u201d<\/p>\n<p><span class=\"dquo\">\u201c<\/span>We gai\u00adned momen\u00adtum in key are\u00adas of dif\u00adfe\u00adren\u00adtia\u00adti\u00adon and acce\u00adle\u00adra\u00adted our as-a-ser\u00advice pivot with strong <span class=\"caps\">ARR<\/span> growth and a record num\u00adber of <span class=\"caps\">HPE<\/span> Green\u00adLa\u00adke ser\u00advices orders,\u201d he con\u00adtin\u00adued. \u201cNavi\u00adga\u00adting through the pan\u00adde\u00admic and plan\u00adning for a post-COVID world have increased cus\u00adto\u00admers\u2019 needs for as-a-ser\u00advice offe\u00adrings, secu\u00adre con\u00adnec\u00adti\u00advi\u00adty, remo\u00adte work capa\u00adbi\u00adli\u00adties and ana\u00adly\u00adtics to unlock insights from data that are ali\u00adgned to our stra\u00adtegy. We see a tre\u00admen\u00addous oppor\u00adtu\u00adni\u00adty to help our cus\u00adto\u00admers dri\u00adve digi\u00adtal trans\u00adfor\u00adma\u00adti\u00adons as they con\u00adti\u00adnue to adapt to ope\u00adra\u00adte in a new&nbsp;world.\u201d<\/p>\n<p><b>Third Quar\u00adter Fis\u00adcal Year 2020 Results<\/b><\/p>\n<p><b>Net reve\u00adnue<\/b>&nbsp;of $6.8 bil\u00adli\u00adon, down 6% from the pri\u00ador-year peri\u00adod or 4% when adjus\u00adted for cur\u00adren\u00adcy. Reve\u00adnue grew 13% sequen\u00adti\u00adal\u00adly or 14% when adjus\u00adted for cur\u00adren\u00adcy dri\u00adven by solid exe\u00adcu\u00adti\u00adon in clea\u00adring his\u00adto\u00adric back\u00adlog by appro\u00adxi\u00adm\u00adate\u00adly $500 mil\u00adli\u00adon during the quarter.<\/p>\n<p><b>Annua\u00adli\u00adzed reve\u00adnue run-rate (<span class=\"caps\">ARR<\/span>)<\/b>&nbsp;of $528 mil\u00adli\u00adon, up 11% from the pri\u00ador-year peri\u00adod. We are rei\u00adte\u00adra\u00adting our 2019 Secu\u00adri\u00adties Ana\u00adlyst Mee\u00adting <span class=\"caps\">ARR<\/span> gui\u00addance of 30\u201340% Com\u00adpoun\u00added Annu\u00adal Growth Rate from fis\u00adcal year 2019 to fis\u00adcal year&nbsp;2022.<\/p>\n<p><b>Gross Pro\u00adfit<\/b>&nbsp;of $2.1 bil\u00adli\u00adon, up 8% sequen\u00adti\u00adal\u00adly due to strong ope\u00adra\u00adti\u00adon execution.<\/p>\n<p><b><span class=\"caps\">GAAP<\/span> gross pro\u00adfit mar\u00adgin<\/b>&nbsp;of 30.3%, com\u00adpared to 33.9% from the pri\u00ador-year peri\u00adod and Non-GAAP gross pro\u00adfit mar\u00adgin of 30.4%, com\u00adpared to 33.9% from the pri\u00ador-year period.<\/p>\n<p><b><span class=\"caps\">GAAP<\/span> Ope\u00adra\u00adting Pro\u00adfit&nbsp;<\/b>of $12 mil\u00adli\u00adon, up 101% sequen\u00adti\u00adal\u00adly and Non-GAAP ope\u00adra\u00adting pro\u00adfit of $484 mil\u00adli\u00adon, up 33% sequentially.<\/p>\n<p><b><span class=\"caps\">GAAP<\/span> ope\u00adra\u00adting pro\u00adfit mar\u00adgin<\/b>&nbsp;of 0.2%, com\u00adpared to (1.1%) from the pri\u00ador-year peri\u00adod and Non-GAAP ope\u00adra\u00adting pro\u00adfit mar\u00adgin of 7.1%, com\u00adpared to 9.9% from the pri\u00ador-year period.<\/p>\n<p><b><span class=\"caps\">GAAP<\/span> diluted net ear\u00adnings per share (\u201c<span class=\"caps\">EPS<\/span>\u201d)<\/b>&nbsp;was $0.01 due to the acce\u00adle\u00adra\u00adti\u00adon of trans\u00adfor\u00adma\u00adti\u00adon pro\u00adgram, com\u00adpared to ($0.02) in the pri\u00ador-year period.<\/p>\n<p><b>Non-GAAP diluted net <span class=\"caps\">EPS<\/span><\/b>&nbsp;was $0.32, com\u00adpared to $0.45 in the pri\u00ador-year peri\u00adod. Third quar\u00adter non-GAAP net ear\u00adnings and non-GAAP diluted net <span class=\"caps\">EPS<\/span> exclude after-tax adjus\u00adt\u00adments of $410 mil\u00adli\u00adon and $0.31 per diluted ear\u00adnings per share, respec\u00adtively, pri\u00adma\u00adri\u00adly rela\u00adted to trans\u00adfor\u00adma\u00adti\u00adon cos\u00adts and amor\u00adtiza\u00adti\u00adon of purcha\u00adsed intan\u00adgi\u00adble assets.<\/p>\n<p><b>Cash flow from ope\u00adra\u00adti\u00adons&nbsp;<\/b>of $1.5 bil\u00adli\u00adon, com\u00adpared to $1.2 bil\u00adli\u00adon in the pri\u00ador-year period.<\/p>\n<p><b>Free cash flow<\/b>&nbsp;of $924 mil\u00adli\u00adon, com\u00adpared to $648 mil\u00adli\u00adon in the pri\u00ador-year period.<\/p>\n<p><b>Seg\u00adment Results<\/b><\/p>\n<p><b>Intel\u00adli\u00adgent Edge<\/b>&nbsp;reve\u00adnue was $684 mil\u00adli\u00adon, down 12% year over year or 11% when adjus\u00adted for cur\u00adren\u00adcy, with 8.6% ope\u00adra\u00adting pro\u00adfit mar\u00adgin, com\u00adpared to 6.8% from the pri\u00ador-year peri\u00adod. Reve\u00adnue grew 3% sequen\u00adti\u00adal\u00adly demons\u00adt\u00adra\u00adting con\u00adtin\u00adued momentum.<\/p>\n<p><b>Com\u00adpu\u00adte<\/b>&nbsp;reve\u00adnue was $3.4 bil\u00adli\u00adon, flat year over year or up 1% when adjus\u00adted for cur\u00adren\u00adcy, with 8.5% ope\u00adra\u00adting pro\u00adfit mar\u00adgin, com\u00adpared to 12.9% from the pri\u00ador-year peri\u00adod. Reve\u00adnue grew 28% sequen\u00adti\u00adal\u00adly or 29% when adjus\u00adted for cur\u00adren\u00adcy as we exe\u00adcu\u00adted against the back\u00adlog and impro\u00adved our sup\u00adp\u00adly chain execution.<\/p>\n<p><b>High Per\u00adfor\u00admance Com\u00adpu\u00adte <span class=\"amp\">&amp;<\/span> Mis\u00adsi\u00adon Cri\u00adti\u00adcal Sys\u00adtems (<span class=\"caps\">HPC<\/span> <span class=\"amp\">&amp;<\/span> <span class=\"caps\">MCS<\/span>)<\/b>&nbsp;reve\u00adnue was $649 mil\u00adli\u00adon, up 3% year over year, with 5.5% ope\u00adra\u00adting pro\u00adfit mar\u00adgin, com\u00adpared to 8.1% from the pri\u00ador-year peri\u00adod. Reve\u00adnue grew 10% sequen\u00adti\u00adal\u00adly as instal\u00adla\u00adti\u00adons and cus\u00adto\u00admer accep\u00adtance of sys\u00adtems improved.<\/p>\n<p><b>Sto\u00adrage<\/b>&nbsp;reve\u00adnue was $1.1 bil\u00adli\u00adon, down 10% year over year or 9% when adjus\u00adted for cur\u00adren\u00adcy, with 12.9% ope\u00adra\u00adting pro\u00adfit mar\u00adgin, com\u00adpared to 16.5% from the pri\u00ador-year peri\u00adod. Reve\u00adnue grew 4% sequen\u00adti\u00adal\u00adly dri\u00adven by impro\u00adved ope\u00adra\u00adtio\u00adnal exe\u00adcu\u00adti\u00adon and reduc\u00adtion of backlog.<\/p>\n<p><b>Advi\u00adso\u00adry <span class=\"amp\">&amp;<\/span> Pro\u00adfes\u00adsio\u00adnal Ser\u00advices (A<span class=\"amp\">&amp;<\/span><span class=\"caps\">PS<\/span>)<\/b>&nbsp;reve\u00adnue was $226 mil\u00adli\u00adon, down 7% year over year or 5% when adjus\u00adted for cur\u00adren\u00adcy, with (1.8%) ope\u00adra\u00adting pro\u00adfit mar\u00adgin, com\u00adpared to (3.7%) from the pri\u00ador-year peri\u00adod. Reve\u00adnue was down 5% sequen\u00adti\u00adal\u00adly or 4% when adjus\u00adted for cur\u00adren\u00adcy as <span class=\"caps\">COVID-19<\/span> impac\u00adted con\u00adsul\u00adting acti\u00advi\u00adties of our team mem\u00adbers. A<span class=\"amp\">&amp;<\/span><span class=\"caps\">PS<\/span> is a stra\u00adte\u00adgic busi\u00adness that pulls through signi\u00adfi\u00adcant infra\u00adstruc\u00adtu\u00adre and ope\u00adra\u00adtio\u00adnal ser\u00advices&nbsp;sales.<\/p>\n<p><b>Finan\u00adcial Ser\u00advices<\/b>&nbsp;reve\u00adnue was $811 mil\u00adli\u00adon, down 9% year over year or 6% when adjus\u00adted for cur\u00adren\u00adcy and down 3% sequen\u00adti\u00adal\u00adly or 2% when adjus\u00adted for cur\u00adren\u00adcy, with 8.0% ope\u00adra\u00adting pro\u00adfit mar\u00adgin, com\u00adpared to 8.7% from the pri\u00ador-year peri\u00adod. Net port\u00adfo\u00adlio assets were up 3% year over year and up 4% sequen\u00adti\u00adal\u00adly or 1% when adjus\u00adted for cur\u00adren\u00adcy, and finan\u00adcing volu\u00adme was down 12% year over year or 9% when adjus\u00adted for cur\u00adren\u00adcy and flat sequen\u00adti\u00adal\u00adly or up 1% when adjus\u00adted for cur\u00adren\u00adcy despi\u00adte the impact of <span class=\"caps\">COVID-19<\/span>. The busi\u00adness deli\u00adver\u00aded return on equi\u00adty of 12.8%, down 3.0 points from the pri\u00ador-year period.<\/p>\n<p><b><span class=\"caps\">Q4<\/span> 2020 Dividend<\/b><\/p>\n<p>Board of Direc\u00adtors have declared a regu\u00adlar cash divi\u00addend of $0.12 per share on the company\u2019s com\u00admon stock. This divi\u00addend, the fourth in Hew\u00adlett Packard Enterprise\u2019s fis\u00adcal year 2020, is paya\u00adble on Octo\u00adber 7, 2020, to stock\u00adhol\u00adders of record as of the clo\u00adse of busi\u00adness on Sep\u00adtem\u00adber 9,&nbsp;2020.<\/p>\n<p><b><span class=\"caps\">FY<\/span> 2020 Outlook<\/b><\/p>\n<p>For the fis\u00adcal 2020 fourth quar\u00adter, Hew\u00adlett Packard Enter\u00adpri\u00adse esti\u00adma\u00adtes <span class=\"caps\">GAAP<\/span> diluted net <span class=\"caps\">EPS<\/span> to be in the ran\u00adge of $0.02 to $0.06. For fis\u00adcal 2020 full-year Hew\u00adlett Packard Enter\u00adpri\u00adse esti\u00adma\u00adtes <span class=\"caps\">GAAP<\/span> diluted net loss per share of $0.35 to $0.31.<\/p>\n<p>For the fis\u00adcal 2020 fourth quar\u00adter, Hew\u00adlett Packard Enter\u00adpri\u00adse esti\u00adma\u00adtes non-GAAP diluted net <span class=\"caps\">EPS<\/span> to be in the ran\u00adge of $0.32 to $0.36. Fis\u00adcal 2020 fourth quar\u00adter non-GAAP diluted net <span class=\"caps\">EPS<\/span> esti\u00adma\u00adtes exclude after-tax cos\u00adts of appro\u00adxi\u00adm\u00adate\u00adly $0.30 per diluted share, pri\u00adma\u00adri\u00adly rela\u00adted to trans\u00adfor\u00adma\u00adti\u00adon cos\u00adts and the amor\u00adtiza\u00adti\u00adon of intan\u00adgi\u00adble assets.<\/p>\n<p>For fis\u00adcal 2020 full-year, Hew\u00adlett Packard Enter\u00adpri\u00adse esti\u00adma\u00adtes non-GAAP diluted net <span class=\"caps\">EPS<\/span> to be in the ran\u00adge of $1.30 to $1.34. Fis\u00adcal 2020 non-GAAP diluted net <span class=\"caps\">EPS<\/span> esti\u00adma\u00adtes exclude after-tax cos\u00adts of appro\u00adxi\u00adm\u00adate\u00adly $1.65 per diluted share, pri\u00adma\u00adri\u00adly rela\u00adted to good\u00adwill impair\u00adment, trans\u00adfor\u00adma\u00adti\u00adon cos\u00adts, amor\u00adtiza\u00adti\u00adon of intan\u00adgi\u00adble assets, and acqui\u00adsi\u00adti\u00adon, dis\u00adpo\u00adsi\u00adti\u00adon and other rela\u00adted charges.<\/p>\n<p><b>About Hew\u00adlett Packard Enterprise<\/b><\/p>\n<p>Hew\u00adlett Packard Enter\u00adpri\u00adse is the glo\u00adbal edge-to-cloud plat\u00adform-as-a-ser\u00advice com\u00adpa\u00adny that helps orga\u00adniza\u00adti\u00adons acce\u00adle\u00adra\u00adte out\u00adco\u00admes by unlo\u00adcking value from all of their data, ever\u00ady\u00adwhe\u00adre. Built on deca\u00addes of reim\u00adagi\u00adning the future and inno\u00advat\u00ading to advan\u00adce the way we live and work, <span class=\"caps\">HPE<\/span> deli\u00advers uni\u00adque, open and intel\u00adli\u00adgent tech\u00adno\u00adlo\u00adgy solu\u00adti\u00adons, with a con\u00adsis\u00adtent expe\u00adri\u00adence across all clouds and edges, to help cus\u00adto\u00admers deve\u00adlop new busi\u00adness models, enga\u00adge in new ways, and increase ope\u00adra\u00adtio\u00adnal per\u00adfor\u00admance. For more infor\u00adma\u00adti\u00adon, visit:&nbsp;<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.hpe.com&amp;esheet=52272500&amp;newsitemid=20200825005874&amp;lan=en-US&amp;anchor=www.hpe.com&amp;index=1&amp;md5=2d02583176cd567ea3c21199aaca7461\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" shape=\"rect\">www.hpe.com<\/a>.<\/p>\n<p><b>Use of non-GAAP finan\u00adcial information<\/b><\/p>\n<p>To sup\u00adple\u00adment Hew\u00adlett Packard Enterprise\u2019s con\u00adden\u00adsed con\u00adso\u00adli\u00adda\u00adted finan\u00adcial state\u00adment infor\u00adma\u00adti\u00adon pre\u00adsen\u00adted on a gene\u00adral\u00adly accept\u00aded accoun\u00adting prin\u00adci\u00adples (<span class=\"caps\">GAAP<\/span>) basis, Hew\u00adlett Packard Enter\u00adpri\u00adse pro\u00advi\u00addes reve\u00adnue on a con\u00adstant cur\u00adren\u00adcy basis as well as non-GAAP gross pro\u00adfit mar\u00adgin, non-GAAP ope\u00adra\u00adting pro\u00adfit (non-GAAP ear\u00adnings from ope\u00adra\u00adti\u00adons), non-GAAP ope\u00adra\u00adting pro\u00adfit mar\u00adgin, non-GAAP inco\u00adme tax rate, non-GAAP net ear\u00adnings, non-GAAP diluted net ear\u00adnings per share, gross cash, free cash flow, net debt, net cash, ope\u00adra\u00adting com\u00adpa\u00adny net debt and ope\u00adra\u00adting com\u00adpa\u00adny net cash finan\u00adcial mea\u00adsu\u00adres. Hew\u00adlett Packard Enter\u00adpri\u00adse also pro\u00advi\u00addes fore\u00adcasts of non-GAAP diluted net ear\u00adnings per share and free cash flow. A recon\u00adci\u00adlia\u00adti\u00adon of adjus\u00adt\u00adments to <span class=\"caps\">GAAP<\/span> finan\u00adcial mea\u00adsu\u00adres for this quar\u00adter and pri\u00ador peri\u00adods is included in the tables below or else\u00adwhe\u00adre in the mate\u00adri\u00adals accom\u00adpany\u00ading this news release. In addi\u00adti\u00adon, an expl\u00adana\u00adti\u00adon of the ways in which Hew\u00adlett Packard Enterprise\u2019s manage\u00adment uses the\u00adse non-GAAP mea\u00adsu\u00adres to eva\u00adlua\u00adte its busi\u00adness, the sub\u00ads\u00adtance behind Hew\u00adlett Packard Enterprise\u2019s decis\u00adi\u00adon to use the\u00adse non-GAAP mea\u00adsu\u00adres, the mate\u00adri\u00adal limi\u00adta\u00adti\u00adons asso\u00adcia\u00adted with the use of the\u00adse non-GAAP mea\u00adsu\u00adres, the man\u00adner in which Hew\u00adlett Packard Enterprise\u2019s manage\u00adment com\u00adpen\u00adsa\u00adtes for tho\u00adse limi\u00adta\u00adti\u00adons, and the sub\u00adstan\u00adti\u00adve reasons why Hew\u00adlett Packard Enterprise\u2019s manage\u00adment belie\u00adves that the\u00adse non-GAAP mea\u00adsu\u00adres pro\u00advi\u00adde useful infor\u00adma\u00adti\u00adon to inves\u00adtors is included under \u201cUse of non-GAAP finan\u00adcial mea\u00adsu\u00adres\u201d fur\u00adther below. This addi\u00adtio\u00adnal non-GAAP finan\u00adcial infor\u00adma\u00adti\u00adon is not meant to be con\u00adside\u00adred in iso\u00adla\u00adti\u00adon or as a sub\u00adsti\u00adtu\u00adte for reve\u00adnue, gross pro\u00adfit mar\u00adgin, ope\u00adra\u00adting pro\u00adfit (ear\u00adnings from ope\u00adra\u00adti\u00adons), ope\u00adra\u00adting pro\u00adfit mar\u00adgin, net ear\u00adnings, diluted net ear\u00adnings per share, cash, cash equi\u00adva\u00adlents and rest\u00adric\u00adted cash, cash flow from ope\u00adra\u00adti\u00adons, invest\u00adments in pro\u00adper\u00adty, plant and equip\u00adment, or total com\u00adpa\u00adny debt pre\u00adpared in accordance with&nbsp;<span class=\"caps\">GAAP<\/span>.<\/p>\n<p><b>For\u00adward-loo\u00adking statements<\/b><\/p>\n<p>This press release con\u00adta\u00adins for\u00adward-loo\u00adking state\u00adments within the mea\u00adning of the safe har\u00adbor pro\u00advi\u00adsi\u00adons of the Pri\u00adva\u00adte Secu\u00adri\u00adties Liti\u00adga\u00adti\u00adon Reform Act of 1995. Such state\u00adments invol\u00adve risks, uncer\u00adtain\u00adties and assump\u00adti\u00adons. If the risks or uncer\u00adtain\u00adties ever mate\u00adria\u00adli\u00adze or the assump\u00adti\u00adons pro\u00adve incor\u00adrect, the results of Hew\u00adlett Packard Enter\u00adpri\u00adse and its con\u00adso\u00adli\u00adda\u00adted sub\u00adsi\u00addia\u00adries may dif\u00adfer mate\u00adri\u00adal\u00adly from tho\u00adse expres\u00adsed or impli\u00aded by such for\u00adward-loo\u00adking state\u00adments and assump\u00adti\u00adons. The words \u201cbelie\u00adve,\u201d \u201cexpect,\u201d \u201canti\u00adci\u00adpa\u00adte,\u201d \u201copti\u00admi\u00adstic,\u201d \u201cintend,\u201d \u201caim,\u201d \u201cwill,\u201d \u201cshould\u201d and simi\u00adlar expres\u00adsi\u00adons are inten\u00added to iden\u00adti\u00adfy such for\u00adward-loo\u00adking state\u00adments. All state\u00adments other than state\u00adments of his\u00adto\u00adri\u00adcal fact are state\u00adments that could be dee\u00admed for\u00adward-loo\u00adking state\u00adments, inclu\u00adding but not limi\u00adt\u00aded to the scope and dura\u00adti\u00adon of the novel coro\u00adna\u00advi\u00adrus pan\u00adde\u00admic (\u201c<span class=\"caps\">COVID-19<\/span>\u201d) and its impact on our busi\u00adness, ope\u00adra\u00adti\u00adons, liqui\u00addi\u00adty and capi\u00adtal resour\u00adces, employees, cus\u00adto\u00admers, part\u00adners, sup\u00adp\u00adly chain, finan\u00adcial results and the world eco\u00adno\u00admy; any pro\u00adjec\u00adtions of reve\u00adnue, mar\u00adgins, expen\u00adses, effec\u00adti\u00adve tax rates, the impact of the U.S. Tax Cuts and Jobs Act of 2017, net ear\u00adnings, net ear\u00adnings per share, cash flows, back\u00adlog, bene\u00adfit plan fun\u00adding, defer\u00adred tax assets, share repurcha\u00adses, cur\u00adren\u00adcy exch\u00adan\u00adge rates or other finan\u00adcial items; any pro\u00adjec\u00adtions of the amount, timing or impact of cost savings, res\u00adtruc\u00adtu\u00adring char\u00adges, or other trans\u00adfor\u00adma\u00adti\u00adon actions; any state\u00adments of the plans, stra\u00adte\u00adgies and objec\u00adti\u00adves of manage\u00adment for future ope\u00adra\u00adti\u00adons, as well as the exe\u00adcu\u00adti\u00adon of cor\u00adpo\u00adra\u00adte tran\u00adsac\u00adtions or con\u00adtem\u00adpla\u00adted acqui\u00adsi\u00adti\u00adons, trans\u00adfor\u00adma\u00adti\u00adon and res\u00adtruc\u00adtu\u00adring plans and any resul\u00adting bene\u00adfit, cost savings or res\u00adtruc\u00adtu\u00adring char\u00adges, reve\u00adnue or pro\u00adfi\u00adta\u00adbi\u00adli\u00adty impro\u00adve\u00adments; any state\u00adments con\u00adcer\u00adning the expec\u00adted deve\u00adlo\u00adp\u00adment, per\u00adfor\u00admance, mar\u00adket share or com\u00adpe\u00adti\u00adti\u00adve per\u00adfor\u00admance rela\u00adting to pro\u00adducts or ser\u00advices; any state\u00adments regar\u00adding cur\u00adrent or future macroe\u00adco\u00adno\u00admic trends or events and the impact of tho\u00adse trends and events on Hew\u00adlett Packard Enter\u00adpri\u00adse and its finan\u00adcial per\u00adfor\u00admance; any state\u00adments regar\u00adding pen\u00adding inves\u00adti\u00adga\u00adti\u00adons, claims or dis\u00adpu\u00adtes; any state\u00adments of expec\u00adta\u00adti\u00adon or belief; and any state\u00adments or assump\u00adti\u00adons under\u00adly\u00ading any of the foregoing.<\/p>\n<p>Risks, uncer\u00adtain\u00adties and assump\u00adti\u00adons include the need to address the many chal\u00adlenges facing Hew\u00adlett Packard Enterprise\u2019s busi\u00adnesses; the com\u00adpe\u00adti\u00adti\u00adve pres\u00adsu\u00adres faced by Hew\u00adlett Packard Enterprise\u2019s busi\u00adnesses; risks asso\u00adcia\u00adted with exe\u00adcu\u00adting Hew\u00adlett Packard Enterprise\u2019s stra\u00adtegy; the impact of macroe\u00adco\u00adno\u00admic and geo\u00adpo\u00adli\u00adti\u00adcal trends and events; the need to mana\u00adge third-par\u00adty sup\u00adpli\u00aders and the dis\u00adtri\u00adbu\u00adti\u00adon of Hew\u00adlett Packard Enterprise\u2019s pro\u00adducts and the deli\u00advery of Hew\u00adlett Packard Enterprise\u2019s ser\u00advices effec\u00adtively; the pro\u00adtec\u00adtion of Hew\u00adlett Packard Enterprise\u2019s intellec\u00adtu\u00adal pro\u00adper\u00adty assets, inclu\u00adding intellec\u00adtu\u00adal pro\u00adper\u00adty licen\u00adsed from third par\u00adties and intellec\u00adtu\u00adal pro\u00adper\u00adty shared with its for\u00admer parent; risks asso\u00adcia\u00adted with Hew\u00adlett Packard Enterprise\u2019s inter\u00adna\u00adtio\u00adnal ope\u00adra\u00adti\u00adons (inclu\u00adding pan\u00adde\u00admics and public health pro\u00adblems, such as the out\u00adbreak of <span class=\"caps\">COVID-19<\/span>); the deve\u00adlo\u00adp\u00adment and tran\u00adsi\u00adti\u00adon of new pro\u00adducts and ser\u00advices and the enhance\u00adment of exis\u00adting pro\u00adducts and ser\u00advices to meet cus\u00adto\u00admer needs and respond to emer\u00adging tech\u00adno\u00adlo\u00adgi\u00adcal trends; the exe\u00adcu\u00adti\u00adon and per\u00adfor\u00admance of con\u00adtracts by Hew\u00adlett Packard Enter\u00adpri\u00adse and its sup\u00adpli\u00aders, cus\u00adto\u00admers, cli\u00adents and part\u00adners, inclu\u00adding any impact the\u00adre\u00adon resul\u00adting from events such as the <span class=\"caps\">COVID-19<\/span> pan\u00adde\u00admic; the hiring and reten\u00adti\u00adon of key employees; exe\u00adcu\u00adti\u00adon, inte\u00adgra\u00adti\u00adon and other risks asso\u00adcia\u00adted with busi\u00adness com\u00adbi\u00adna\u00adti\u00adon and invest\u00adment tran\u00adsac\u00adtions; the exe\u00adcu\u00adti\u00adon, timing and results of any trans\u00adfor\u00adma\u00adti\u00adon or res\u00adtruc\u00adtu\u00adring plans, inclu\u00adding esti\u00adma\u00adtes and assump\u00adti\u00adons rela\u00adted to the cos\u00adts and anti\u00adci\u00adpa\u00adted bene\u00adfits of imple\u00admen\u00adting the trans\u00adfor\u00adma\u00adti\u00adon and res\u00adtruc\u00adtu\u00adring plans; the effects of the U.S. Tax Cuts and Jobs Act and rela\u00adted gui\u00addance and regu\u00adla\u00adti\u00adons that may be imple\u00admen\u00adted; the reso\u00adlu\u00adti\u00adon of pen\u00adding inves\u00adti\u00adga\u00adti\u00adons, claims and dis\u00adpu\u00adtes; and other risks that are descri\u00adbed in Hew\u00adlett Packard Enterprise\u2019s other filings with the Secu\u00adri\u00adties and Exch\u00adan\u00adge Com\u00admis\u00adsi\u00adon, inclu\u00adding but not limi\u00adt\u00aded to the risks descri\u00adbed in Hew\u00adlett Packard Enterprise\u2019s Annu\u00adal Report on Form 10\u2011K for the fis\u00adcal year ended Octo\u00adber 31, 2019, Hew\u00adlett Packard Enterprise\u2019s Quar\u00adter\u00adly Reports on Form 10\u2011Q for the fis\u00adcal quar\u00adters ended Janu\u00adary 31, 2020 and April 30, 2020, Cur\u00adrent Reports on Form 8\u2011K, and in other filings made by Hew\u00adlett Packard Enter\u00adpri\u00adse from time to time with the Secu\u00adri\u00adties and Exch\u00adan\u00adge Commission.<\/p>\n<p>As in pri\u00ador peri\u00adods, the finan\u00adcial infor\u00adma\u00adti\u00adon set forth in this press release, inclu\u00adding tax-rela\u00adted items, reflects esti\u00adma\u00adtes based on infor\u00adma\u00adti\u00adon available at this time. While Hew\u00adlett Packard Enter\u00adpri\u00adse belie\u00adves the\u00adse esti\u00adma\u00adtes to be reasonable, the\u00adse amounts could dif\u00adfer mate\u00adri\u00adal\u00adly from repor\u00adted amounts in the Hew\u00adlett Packard Enter\u00adpri\u00adse Quar\u00adter\u00adly Report on Form 10\u2011Q for the third quar\u00adter ended July 31, 2020. Hew\u00adlett Packard Enter\u00adpri\u00adse assu\u00admes no obli\u00adga\u00adti\u00adon and does not intend to update the\u00adse for\u00adward-loo\u00adking statements.<\/p>\n<div id=\"table-0\" class=\"bw-release-table-js\">\n<table class=\"bwtablemarginb bwblockalignl bwwidth100\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td class=\"bwpadl0 bwnowrap\" colspan=\"13\" rowspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b><span class=\"caps\">HEWLETT<\/span> <span class=\"caps\">PACKARD<\/span> <span class=\"caps\">ENTERPRISE<\/span> <span class=\"caps\">COMPANY<\/span> <span class=\"caps\">AND<\/span> <span class=\"caps\">SUBSIDIARIES<\/span><\/b><br>\n<b><span class=\"caps\">CONDENSED<\/span> <span class=\"caps\">CONSOLIDATED<\/span> <span class=\"caps\">STATEMENTS<\/span> <span class=\"caps\">OF<\/span> <span class=\"caps\">EARNINGS<\/span><\/b><br>\n<b>(Unau\u00addi\u00adted)<\/b><br>\n<b>(In mil\u00adli\u00adons, except per share amounts)<\/b><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"caps\">Q3<\/span> 2020 Finan\u00adcial Highlights:<\/p>\n<p>Reve\u00adnue:&nbsp;$6.8 bil\u00adli\u00adon, up 13% sequen\u00adti\u00adal\u00adly or 14% when adjus\u00adted for currency<br>\nGross Pro\u00adfit:&nbsp;$2.1 bil\u00adli\u00adon, up 8% sequentially<br>\nOpe\u00adra\u00adting Pro\u00adfit:&nbsp;<span class=\"caps\">GAAP<\/span> of $12 mil\u00adli\u00adon, up 101% sequen\u00adti\u00adal\u00adly and Non-GAAP of $484 mil\u00adli\u00adon, up 33% sequentially<br>\nAnnua\u00adli\u00adzed reve\u00adnue run-rate (<span class=\"caps\">ARR<\/span>):&nbsp;$528 mil\u00adli\u00adon, up 11% from the pri\u00ador-year period<br>\nDiluted net ear\u00adnings per&nbsp;share:<br>\n<span class=\"caps\">GAAP<\/span> of $0.01 due to the acce\u00adle\u00adra\u00adti\u00adon of trans\u00adfor\u00adma\u00adti\u00adon pro\u00adgram, com\u00adpared to ($0.02) from the pri\u00ador-year period<br>\nNon-GAAP of $0.32, com\u00adpared to $0.45 from the pri\u00ador-year period<br>\nCash flow from Ope\u00adra\u00adti\u00adons&nbsp;of $1.5 bil\u00adli\u00adon, up 23% from the pri\u00ador-year period<br>\nFree Cash Flow&nbsp;of $924 mil\u00adli\u00adon, up 43% from the pri\u00ador-year period<br>\n<span class=\"caps\">Q4<\/span> <span class=\"caps\">FY20<\/span> divi\u00addend&nbsp;of $0.12 a share, paya\u00adble on Octo\u00adber 7, 2020 (\u2026) <a class=\"moretag\" href=\"https:\/\/www.planet3dnow.de\/cms\/58084-hpe-reports-q3-results\/\">Wei\u00adter\u00adle\u00adsen&nbsp;\u00bb<\/a><\/p>\n","protected":false},"author":593,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[22],"tags":[1344,2398,368],"class_list":["post-58084","post","type-post","status-publish","format-standard","hentry","category-pressemitteilungen","tag-hpe","tag-q3-2020","tag-quartalszahlen","entry"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/58084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/users\/593"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/comments?post=58084"}],"version-history":[{"count":1,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/58084\/revisions"}],"predecessor-version":[{"id":58085,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/posts\/58084\/revisions\/58085"}],"wp:attachment":[{"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/media?parent=58084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/categories?post=58084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planet3dnow.de\/cms\/wp-json\/wp\/v2\/tags?post=58084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}