By Erica Kollmann
Publication Date: 2026-06-01 21:51:00
Hewlett Packard Company‘s Q2
Hewlett Packard Enterprise rose 36.40% after hours to $64.11 after inform Fiscal second quarter results that handily beat Wall Street expectations on both top and bottom lines.
The company posted earnings of 79 cents per share, demolishing the consensus estimate of 53 cents, while revenue of $10.68 billion crushed the estimate of $9.79 billion.
executive director Antonio Neri called it “an exceptional quarter with record revenue,” crediting strong demand for AI infrastructure and the company’s expanded network portfolio.
Looking ahead, Hewlett Packard Enterprise forecast fiscal 2026 revenue growth of 29% to 33% and fiscal 2027 growth of 8% to 12% – forward momentum that markets clearly found credible.
Dell and SMCI rise
The reading for the server’s peers was immediate. Dell, which competes directly with Hewlett Packard Enterprise in enterprise infrastructure and AI servers, rose 2.88% after hours, for Benzinga Pro -on…