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Hewlett Packard Enterprise (HPE) reported a 14.2% year-over-year growth in its hybrid cloud segment during the third quarter of fiscal 2025. The company shipped over 5,000 Alletra MP arrays and saw triple-digit revenue growth, while its GreenLake cloud product gained 2,000 new users, bringing the total to 44,000 customers.
In the same quarter, the number of private cloud AI customers doubled sequentially. HPE’s efforts focus on integrating hybrid cloud, AI, and networking to enhance product offerings, aided by its acquisition with Juniper Networks.
Currently, HPE’s shares have risen 6.9% year to date, with a forward price-to-sales ratio of 1.28, significantly lower than the industry average of 7.87. The Zacks Consensus Estimate for HPE’s fiscal 2025 earnings is $1.90 per share, reflecting a 4.5% decline year-over-year, while fiscal 2026 estimates predict a 24% rise to $2.36.
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