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Hewlett Packard Enterprise Q3 income down 41%

Hewlett Packard Enterprise
Hewlett Packard Enterprise   Bottom line totaled $497 million

Hewlett Packard Enterprise (HPE) released a profit for third quarter that retreated from last year.

The company said its bottom line totaled $497 million, or $0.30 per share. This was down from $840 million, or $0.49 per share, in last year's third quarter.

Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.5% to $8.21 billion. This was up from $8.01 billion last year.


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