Analysis: HPE Announces Q1 FY2024 Results

Analysis: HPE Announces Q1 FY2024 Results

Chris EvansData Practice: Data Storage, HPE, Individual Subscribers, Opinion, Processing Practice: CPU & System Architecture

HPE has announced Q1 FY2024 financial results, which show revenue down 13.5% year-on-year and only an increase in gross margin as a news highlight.  Is it time for HPE to admit that GreenLake hasn’t revived its fortunes and that a more radical pivot of the business is required?

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