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"<!-- wp:paragraph -->\n<p>Hewlett Packard Enterprise reported Q2 revenue of $7.0 billion, up 4% from the prior-year period and 9% in constant currency. GAAP margin amounted to 36.0%, an all-time record for the company.</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>“Building on a great start to the fiscal year, HPE grew revenue, increased the contribution of recurring revenue through the HPE GreenLake edge-to-cloud platform, and delivered exceptional profitability to generate a strong second quarter performance,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “Our shift to a higher-margin portfolio mix led by the Intelligent Edge segment, and the strong demand for our AI offering, further strengthen the investment opportunity for our shareholders.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Some highlights:</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Intelligent Edge revenue was $1.3 billion, up 50% from the prior-year period in actual dollars and 56% in constant currency, with 26.9% operating profit margin, compared to 12.6% in the prior-year period.&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>High Performance Computing &amp; Artificial Intelligence revenue was $840 million, up 18% from the prior-year period in actual dollars and 22% in constant currency.&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Compute revenue was $2.8 billion, down 8% from the prior-year period in actual dollars and 3% in constant currency.</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Storage revenue was $1.0 billion, down 3% from the prior-year period in actual dollars and up 2% in constant currency. HPE Alletra revenue grew triple digits from the prior-year period.&nbsp;</li>\n<!-- /wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Financial Services revenue was $858 million, up 4% from the prior-year period in actual dollars and up 7% in constant currency. </li>\n<!-- /wp:list-item --></ul>\n<!-- /wp:list -->\n\n<!-- wp:paragraph -->\n<p></p>\n<!-- /wp:paragraph -->\n\n<!-- wp:image {\"id\":87331,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://eadn-wc01-8182785.nxedge.io/wp-content/uploads/2023/05/Screenshot-2023-05-30-at-14.20.26-1024x551.png\" alt=\"\" class=\"wp-image-87331\"/></figure>\n<!-- /wp:image -->"
<https://convergedigest.com/hpe-sees-growth-in-greenlake-edge-to-cloud/>