HPE hits record compute profit margin, insists you're buying bigger boxes, not being milked
HPE’s overall results were strong. Revenue of $7.9 billion was up 7.9 percent year on year, above guidance. Net earnings reached $868 million. The company’s Edge business, which includes some compute, galloped ahead by 18 percent. Storage and HPC sales dipped, but storage delivered a 15.9 percent margin.
Even employee engagement is up: Neri said HPE “achieved one of the highest employee engagement scores in the history of our company, up 20 points over the last five years The CEO added that the company’s performance reflects HPE’s solid strategy developed across his tenure
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