Hewlett Packard Enterprise (NYSE: HPE) announced financial results for the first quarter, ended January 31, 2021.
Diluted net earnings per share (“EPS”):
• GAAP of $0.17, above the previously provided outlook of $0.02 to $0.06 per share
• Non-GAAP of $0.52, above the previously provided outlook of $0.40 to $0.44 per share
GAAP gross margins of 33.5%, up 70 basis points from the prior-year period and Non-GAAP gross margins of 33.7%, up 30 basis points from the prior-year period.
GAAP diluted net earnings per share (“EPS”) was $0.17, compared to $0.25 in the prior-year period and above the previously provided outlook of $0.02 to $0.06 per share.
Non-GAAP diluted net EPS was $0.52, compared to $0.50 in the prior-year period and above the previously provided outlook of $0.40 to $0.44 per share. First quarter non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax adjustments of $456 million and $0.35 per diluted share, respectively, primarily related to transformation costs, stock-based compensation expense and the amortization of intangible assets.
Source: https://investors.hpe.com/
