Hewlett Packard Enterprise Stock Sinks on Firm’s Outlook, Cost-Cutting Measures

Hewlett Packard Enterprise Stock Sinks on Firm’s Outlook, Cost-Cutting Measures

Key Takeaways

  • Hewlett Packard Enterprise gave profit guidance below estimates.
  • The IT firm also missed quarterly profit estimates, with CEO Antonio Neri noting “we could have executed better.”
  • Hewlett Packard Enterprise also announced a…

Article Source
https://www.investopedia.com/hewlett-packard-enterprise-stock-sinks-on-firms-outlook-cost-cutting-measures-11692813