Hewlett Packard Enterprise (HPE) Revenue — Quarter Ended Apr 30, 2024
Revenue increased during the quarter compared to both the prior quarter and the same quarter a year earlier. The sequential improvement followed a decline in the immediately preceding period.
Key takeaway
Quarter ended Apr 30, 2024 · FY2024 Q2
Revenue increased during the quarter compared to both the prior quarter and the same quarter a year earlier. The sequential improvement followed a decline in the immediately preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.2B
Revenue reported for this quarter.
Quarter-over-quarter
+6.6%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$28.3B
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, 2023 | $7B | +0.7% |
| Oct 31, 2023 | $7.4B | -6.6% |
| Jan 31, 2024 | $6.8B | -13.5% |
| Apr 30, 2024 | $7.2B | +3.3% |
Revenue performance
The reported revenue direction was positive, reversing the prior quarter's decrease.
Quarterly comparison
Revenue rose compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential increase marks a turnaround from the decline seen in the prior quarter.
What to watch
No filing context is available to identify specific risks or drivers for the quarter.