HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 staff over 18 months; HPE drops 15%+
these factors are affecting its outlook Moneycontrol : HP to lay off 2500 employees to cut cost Tom Jowitt / Silicon UK : HPE To Axe 2,500 Employees, As Outlook Disappoints TechRadar : HPE set to cut thousands of employees despite results rise Hewlett Packard Enterprise : Hewlett Packard Enterprise Reports Fiscal 2025 First Quarter Results TrendForce News : [News] HPE to Cut 2,500 Jobs as Server Profits Drop and Revenue Falls Short of Estimates Michael Cooney / Network World : HPE cuts 2,500 jobs, expects Juniper buy to close year-end '25, faces tariff issues Mike Wheatley / SiliconANGLE : HPE to lay off 2,500 staff as stock craters on mixed earnings results and tariffs Yahoo Finance : HPE stock sinking over mixed Q1 results, weak profit guidance Brandon Evans / Seeking Alpha : HP Enterprise provides weak outlook, reveals ‘workforce reduction’ program Connor Hart / Wall Street Journal : HPE's Fiscal Outlook Hurt by Tariffs, Server Execution Problems, CFO Says X: @thetranscript_ : Hewlett Packard Enterprise misses on EPS + disappoints on guidance CEO: “...our fourth consecutive quarter of year-over-year revenue growth, increasing revenue by double digits in Q1” $HPE: -14% AH [image] Brody Ford / @brodyford_ : NEW: HPE is cutting 3,000 jobs as tariffs and its server business weigh on expected profits. $HPE https://www.bloomberg.com/...