Hewlett Packard Enterprise (HPE) Revenue — Quarter Ended Apr 30, 2023
Revenue declined compared to the prior quarter, but rose relative to the same period one year earlier.
Key takeaway
Quarter ended Apr 30, 2023 · FY2023 Q2
Revenue declined compared to the prior quarter, but rose relative to the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7B
Revenue reported for this quarter.
Quarter-over-quarter
-10.7%
Change from the immediately preceding quarter.
Year-over-year
+3.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$29.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 31, 2022 | $7B | +0.8% |
| Oct 31, 2022 | $7.9B | +7.0% |
| Jan 31, 2023 | $7.8B | +12.2% |
| Apr 30, 2023 | $7B | +3.9% |
Revenue performance
The reported revenue decreased from the immediately preceding quarter.
Quarterly comparison
Compared with the same quarter a year ago, revenue showed an increase. The sequential decline contrasted with the prior quarter's strong growth.
What to watch
The sequential revenue decline after multiple quarters of growth may warrant monitoring.