HPE to Acquire Nimble Storage to Strengthen Leadership in Hybrid IT

PALO ALTO, Calif., Jan. 18, 2018 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (NYSE:HPE) today announced that the Hewlett Packard Enterprise Board of Directors has declared a regular cash dividend of $0.075 per share on the company’s common stock.This dividend, the second in Hewlett Packard Enterprise’s fiscal year 2018, is payable on or about April 4, 2018, to stockholders of record as of the close of business on March 14, 2018, and is consistent with the quarterly dividend amount previously announced at HPE’s 2017 Securities Analyst Meeting.Hewlett Packard Enterprise has approximately 1.588 billion shares of common stock outstanding.About Hewlett Packard EnterpriseHewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.Forward-looking statementsThis document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Hewlett Packard Enterprise could differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of the plans, strategies and objectives of Hewlett Packard Enterprise for future operations; other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected and other risks that are described in Hewlett Packard Enterprise’s filings with the Securities and Exchange Commission, including but not limited to the risks described in Hewlett Packard Enterprise’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Hewlett Packard Enterprise assumes no obligation and does not intend to update any forward-looking statements.Editorial contactKate Holderness
corpmediarelations@hpe.com
11/21/2017HPE Reports Fiscal 2017 Full-Year and Fourth Quarter ResultsHPE Reports Fiscal 2017 Full-Year and Fourth Quarter Results•  Q417 combined net revenue of $7.8 billion, including $7.7 billion from continuing operations, which was up 5% from the prior year
•  Q417 GAAP diluted net earnings per share (EPS) of $0.32, above the previously provided outlook of $0.00 to $0.04 per share
•  Q417 non-GAAP diluted net EPS of $0.31, above the previously provided outlook of $0.26 to $0.30 per share
•  FY17 combined net revenue of $37.4 billion includes $28.9 billion from continuing operations and $8.5 billion from Enterprise Services and Software, which is now included in discontinued operations.
•  FY17 GAAP diluted net EPS of $0.21, above the previously provided outlook of ($0.11) to ($0.07) per share
•  FY17 non-GAAP diluted net EPS of $1.41, above the previously provided outlook of $1.36 to $1.40 per share
•  Returned $3.0 billion to shareholders in the form of share repurchases and dividends in FY17
•  Maintains FY18 full year non-GAAP diluted net EPS outlook of $1.15 to $1.25 and GAAP diluted net EPS outlook of $0.43 to $0.53
PALO ALTO, Calif., Nov. 21, 2017 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (NYSE:HPE) today announced financial results for its fiscal 2017 and the fourth quarter, ended October 31, 2017.Fourth Quarter Fiscal Year 2017 Results
Combined net revenue of $7.8 billion includes $7.7 billion from continuing operations and $174 million from Software, which is now included in discontinued operations.
Fourth quarter net revenue from continuing operations of $7.7 billion was up 5% from the prior year and up 5% when adjusted for divestitures and currency.Fourth quarter GAAP diluted net EPS from continuing operations was $0.23, up from GAAP diluted net EPS from continuing operations of $0.19 in the prior year.Fourth quarter non-GAAP diluted net EPS from continuing operations was $0.29, up from non-GAAP diluted net EPS from continuing operations of $0.23 in the prior-year period. Fourth quarter non-GAAP net earnings from continuing operations and non-GAAP diluted net EPS from continuing operations exclude after-tax costs of $95 million and $0.06 per diluted share, respectively, related to transformation costs, separation costs, restructuring costs, disaster charges, amortization of intangible assets, acquisition and other related charges, defined benefit plan settlement charges and remeasurement benefit, an adjustment to earnings from equity interests, tax indemnification adjustments and valuation allowances and separation taxes.Fiscal Year 2017 Results
Combined net revenue of $37.4 billion includes $28.9 billion from continuing operations and $8.5 billion from Enterprise Services and Software, which is now included in discontinued operations.
Fiscal 2017 net revenue from continuing operations of $28.9 billion was down 5% from the prior year and up 1% when adjusted for divestitures and currency.Fiscal 2017 GAAP diluted net EPS from continuing operations was $0.26, down from GAAP diluted net EPS from continuing operations of $1.86 in the prior year.Fiscal 2017 non-GAAP diluted net EPS from continuing operations was $0.96, down from non-GAAP diluted net EPS from continuing operations of $1.09 in the prior year. Fiscal 2017 non-GAAP net earnings from continuing operations and non-GAAP diluted net EPS from continuing operations exclude after-tax costs of $1.2 billion and $0.70 per diluted share, respectively, related to restructuring costs, transformation costs, amortization of intangible assets, acquisition and other related charges, separation costs, disaster charges, defined benefit plan settlement charges and remeasurement benefit, an adjustment to earnings from equity interests, tax indemnification adjustments and valuation allowances and separation taxes.“With strong top line revenue growth, earnings above our previous outlook and our second consecutive quarter of sequential margin improvement, our fourth quarter results are a reflection of the progress we have made over the past two years to transform HPE into a nimble, focused and innovative organization,” said Meg Whitman, CEO of HPE.  “Today, HPE has a very strong balance sheet, an industry-leading product portfolio and a world-class leadership team ready to drive the next phase of shareholder value.”HPE fiscal 2017 full-year and fourth quarter continuing operations financial performancePALO ALTO, Calif., Nov. 09, 2017 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (NYSE:HPE) today announced that the Hewlett Packard Enterprise Board of Directors has declared a regular cash dividend of $0.075 per share on the company’s common stock.  This is an increase of approximately 15% from the prior dividend.This dividend, the first in Hewlett Packard Enterprise’s fiscal year 2018, is payable on or about January 3, 2018, to stockholders of record as of the close of business on December 13, 2017.Hewlett Packard Enterprise has approximately 1.596 billion shares of common stock outstanding.About Hewlett Packard EnterpriseHewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.Forward-looking statementsThis document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Hewlett Packard Enterprise could differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of the plans, strategies and objectives of Hewlett Packard Enterprise for future operations; other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected and other risks that are described in Hewlett Packard Enterprise’s filings with the Securities and Exchange Commission, including but not limited to the risks described in Hewlett Packard Enterprise’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Hewlett Packard Enterprise assumes no obligation and does not intend to update any forward-looking statements.Editorial contactKate Holderness
corpmediarelations@hpe.com
11/07/2017Hewlett Packard Enterprise to Present Live Audio Webcast of Fourth Quarter Earnings Conference Call 2017Hewlett Packard Enterprise to Present Live Audio Webcast of Fourth Quarter Earnings Conference Call 2017PALO ALTO, Calif., Nov. 07, 2017 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (NYSE:HPE) will conduct a live audio webcast of its conference call to review its financial results for the fourth fiscal quarter, which ended October 31, 2017.The call is scheduled for Tuesday, November 21 at 4:30 p.m. ET / 1:30 p.m. PT, and the webcast will be available at www.hpe.com/investor/2017Q4webcast.A replay of the audio webcast will be available at the same website shortly after the call and will remain available for approximately one year.About Hewlett Packard Enterprise
Hewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.
Editorial contact
Kate Holderness
corpmediarelations@hpe.com
09/27/2017Stock cost basis allocation (form 8937) for Software/Micro Focus spin mergeStock cost basis allocation (form 8937) for Software/Micro Focus spin mergeStock cost basis allocation (form 8937) for Software/Micro Focus spin merge09/05/2017HPE Reports Fiscal 2017 Third Quarter ResultsHPE Reports Fiscal 2017 Third Quarter ResultsThird quarter net revenue of $8.2 billion, up 3% from the prior-year period, and up 6% when adjusted for divestitures and currencyFuture HPE (excludes Software) revenue was up 6% year-over-year when adjusted for divestitures and currencyThird quarter GAAP diluted net earnings per share of $0.10, above the previously provided outlook of ($0.02) to $0.02 per share, due primarily to an Enterprise Services spin-merger related non-cash income tax benefitThird quarter non-GAAP diluted net earnings per share of $0.30, above the previously provided outlook of $0.24 to $0.28 per shareUpdated fiscal 2017 GAAP diluted net earnings per share outlook to ($0.11) to ($0.07), and fiscal 2017 non-GAAP diluted net earnings per share outlook to $1.36 to $1.40 to reflect the successful separation of its Software businessPALO ALTO, Calif., Sept. 05, 2017 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (NYSE:HPE) today announced financial results for its fiscal 2017 third quarter, ended July 31, 2017.
Third quarter net revenue of $8.2 billion was up 3% from the prior-year period and up 6% when adjusted for divestitures and currency.Third quarter GAAP diluted net earnings per share (“EPS”) from continuing operations was $0.15, down from GAAP diluted net EPS from continuing operations of $1.43 in the prior-year period. Third quarter non-GAAP diluted net EPS from continuing operations was $0.31, down from non-GAAP diluted net EPS from continuing operations of $0.40 in the prior-year period. Third quarter non-GAAP net earnings from continuing operations and non-GAAP diluted net EPS from continuing operations exclude after-tax costs of $269 million and $0.16 per diluted share, respectively, related to separation costs, restructuring charges, amortization of intangible assets, acquisition and other related charges, transformation costs, valuation allowances and divestiture taxes, tax indemnification adjustments, defined benefit plan settlement charges and remeasurement benefit and an adjustment to earnings from equity interests.“The results of the third quarter are an encouraging sign of the progress we are making,” said Whitman. “With better execution we drove overall revenue growth, exceeded our EPS targets and improved our operating margins sequentially, all while completing the spin-merge of our Software business. There’s more work to do, but we are on the right track.”Information about HPE’s use of non-GAAP financial information is provided under “Use of non-GAAP financial information” below.Outlook
For the fiscal 2017 fourth quarter, Hewlett Packard Enterprise estimates GAAP diluted net EPS to be in the range of $0.00 to $0.04 and non-GAAP diluted net EPS to be in the range of $0.26 to $0.30. Fiscal 2017 fourth quarter non-GAAP diluted net EPS from continuing operations estimates exclude after-tax costs of approximately $0.26 per diluted share, related primarily to separation costs, restructuring charges, the amortization of intangible assets, acquisition and other related charges and an adjustment to earnings from equity interests.
PALO ALTO, Calif., July 20, 2017 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (NYSE:HPE) today announced that the Hewlett Packard Enterprise Board of Directors has declared a regular cash dividend of $0.065 per share on the company’s common stock.This dividend, the fourth in Hewlett Packard Enterprise’s fiscal year 2017, is payable on or about October 4, 2017, to stockholders of record as of the close of business on September 13, 2017.Hewlett Packard Enterprise has approximately 1.629 billion shares of common stock outstanding.About Hewlett Packard EnterpriseHewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.Forward-looking statementsThis document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Hewlett Packard Enterprise could differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of the plans, strategies and objectives of Hewlett Packard Enterprise for future operations; other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected and other risks that are described in Hewlett Packard Enterprise’s filings with the Securities and Exchange Commission, including but not limited to the risks described in Hewlett Packard Enterprise’s  Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Hewlett Packard Enterprise assumes no obligation and does not intend to update any forward-looking statements.Combined net revenue of $9.9 billion includes $7.4 billion from continuing operations (Enterprise Group, HPE Financial Services and Software) and $2.5 billion associated with discontinued operations (two months of Enterprise Services)
Future HPE (excludes Enterprise Services and Software) revenue was up 1% year-over-year, excluding Tier-1 server sales and when adjusted for divestitures and currencySecond quarter GAAP diluted net loss per share of ($0.37), below the previously provided outlook of ($0.07) to ($0.03) per share, due to spin-merger related, non-cash tax valuation allowances and divestiture taxesSecond quarter non-GAAP diluted net earnings per share of $0.35, within the previously provided outlook of $0.33 to $0.37 per shareFiscal 2017 GAAP diluted net EPS outlook updated to ($0.03) to $0.07Fiscal 2017 non-GAAP diluted net EPS outlook remains $1.46 to $1.56
PALO ALTO, Calif., May 31, 2017 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (NYSE:HPE) today announced financial results for its fiscal 2017 second quarter, ended April 30, 2017, which have been recast to reflect the spin-merger of its Enterprise Services business as discontinued operations.
Second quarter net revenue from continuing operations of $7.4 billion was down 13% from the prior-year period and down 5% when adjusted for divestitures and currency.Second quarter GAAP diluted net loss per share from continuing operations was ($0.29), down from a GAAP diluted net earnings per share (EPS) from continuing operations of $0.18 in the prior-year period. Second quarter non-GAAP diluted net EPS from continuing operations was $0.25, down from $0.33 in the prior-year period.  Second quarter non-GAAP net earnings and non-GAAP diluted net EPS from continuing operations exclude after-tax costs of $903 million and $0.54 per diluted share, respectively, related to valuation allowances and divestiture taxes, separation costs, restructuring charges, amortization of intangible assets, acquisition and other related charges, tax indemnification adjustments, defined benefit plan settlement charges and remeasurement benefit, and an adjustment to earnings from equity interests.“Despite some current headwinds, we delivered Q2 non-GAAP EPS in line with our outlook,” said Meg Whitman, President and CEO, Hewlett Packard Enterprise.  “We saw strength in major components of our growth strategy, including high-performance compute, Aruba, all-flash storage and Technology Services.  While we still have much more work to do, HPE’s Q2 results give me confidence that our efforts are delivering for customers and partners.”PALO ALTO, Calif., March 23, 2017 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (NYSE:HPE) today announced that the Hewlett Packard Enterprise Board of Directors has declared a regular cash dividend of $0.065 per share on the company’s common stock.This dividend, the third in Hewlett Packard Enterprise’s fiscal year 2017, is payable on or about July 5, 2017, to stockholders of record as of the close of business on June 14, 2017.Hewlett Packard Enterprise has approximately 1.655 billion shares of common stock outstanding.About Hewlett Packard Enterprise
Hewlett Packard Enterprise is an industry leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.
Forward-looking statements
This document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Hewlett Packard Enterprise could differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of the plans, strategies and objectives of Hewlett Packard Enterprise for future operations; other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected and other risks that are described in Hewlett Packard Enterprise’s filings with the Securities and Exchange Commission, including but not limited to the risks described in Hewlett Packard Enterprise’s  Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Hewlett Packard Enterprise assumes no obligation and does not intend to update any forward-looking statements.

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