Hewlett-Packard Enterprise Stock Rises On Q2 Earnings, Company Sees Stronger EPS Than Previously Forecasted

About Hewlett-Packard Enterprise Stock Rises On Q2 Earnings, Company Sees Stronger EPS Than Previously Forecasted

Hewlett-Packard reported mixed second-quarter results, with revenue of 7.63 billion dollars and adjusted earnings of 38 cents per share, slightly below analyst estimates. Despite missing expectations, revenue increased 6% year-over-year, and the company's annualized revenue run-rate grew significantly. HP's CEO highlighted strength across segments and focus on profitability and innovation. Shares rose over 3% after hours, though the company issued weaker-than-expected guidance for the upcoming quarter.