HPE Announces Q4 FY2023 and Full Year Results

HPE Announces Q4 FY2023 and Full Year Results

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

HPE has announced Q4 FY2023 and full-year results with annual revenue up 2% and increased gross margins.  However, Compute (server) revenue is down 10% and Storage down 6% annually.  Intelligent Edge and HPC/AI continue to prop up the business with 42% and 23% growth, respectively.  Is HPE’s business pivoting away from its traditional core offerings?

This blog post can only be viewed by members with an Individual, Enterprise or Vendor subscription.  It is not available for free subscriptions. Buy a subscription for access, or log in if you have an existing subscription.  Note: if you have just logged into your account, you may need to refresh this page for access, in the event your browser is caching the page.