By Chris Eudaily
Publication Date: 2026-06-01 20:18:00
Antonio Neri, CEO of Hewlett Packard Enterprise Co. (HPE), speaks during a keynote speech at the HPE Discover event at Sphere in Las Vegas, Nevada, U.S., Tuesday, June 24, 2025.
Ian Maule | Bloomberg | fake images
Hewlett Packard Company Shares soared 30% on Monday after the technology company posted blockbuster second-quarter results that beat estimates.
Here’s how the company fared compared to LSEG estimates:
- Earnings per share: 79 cents vs. 53 cents expected
- Revenue: $10.68 billion vs. $9.79 billion expected
It was the company’s highest earnings per share since February 2018.
Revenue increased 40% compared to the previous year.
Total cloud and AI revenue came in at $7.71 billion, beating StreetAccount’s estimate of $6.87 billion, but it was the company’s server unit that really impressed. Revenue from servers, which is a subdivision of the Cloud and AI unit, amounted to $5.45 billion, exceeding the $4.66 billion expected by analysts.
HPE one day…