HPE reports Q1 revenue down 14% YoY to $6.76B, vs. $7.1B est., Server revenue down 23% YoY to $3.4B, and reduces its FY 2024 outlook for sales growth and profit
Mixed result for @HPE. Great bottom line growth and margin expansion versus slower top line growth. The number I really like is the 41% ARR growth and ~3000 GreenLake customer adds. Spoke to @AntonioNeri_HPE and he sees acceleration as GPU avail grows. AI is the tailwind! $HPE [i…