By By Larry Dignan
Publication Date: 2025-12-04 21:45:00
Hewlett-Packard reported strong fourth-quarter results, but server sales fell 5%. Server sales were lower in the fourth quarter due to the timing of AI server shipments and lower US government spending.
HPE reported fourth quarter earnings of 11 cents per share on revenues of $9.7 billion, up 14% from a year ago. Non-GAAP earnings were 62 cents per share. HPE recently outlined its long-term outlook and strategy at its investor day.
Wall Street expected HPE to report fourth-quarter non-GAAP earnings of 58 cents per share on revenue of $9.91 billion.
However, HPE’s results were mixed depending on the product line. For example, server revenue fell 5% to $4.5 billion. Network revenue, boosted by the acquisition of Juniper Networks, was $2.8 billion, up 150% from a year ago. Hybrid cloud revenue was $1.2 billion, down 12% from a year ago.
“HPE had a good quarter, but the growth came all from networking. Surprisingly, HPE server revenue was down, and blaming the change in customer mix is a…
