Report
Ilya Kundozerov
EUR 101.80 For Business Accounts Only

HP Enterprise Delivered Solid 3Q and Aims Further Operational Improvements in 2018; Maintain $16 FVE

HP Enterprise’s third-quarter performance beat our expectations due to solid performance in its core server business. The company saw an overall improvement in the macro trend, solid performance of its Synergy product line and 10% organic (year-over-year?) growth in high-performance computing, or HPC, segment. The recent acquisitions of Nimble Storage and SGI also contributed to the top-line performance. HP Enterprise announced HPE Next, an overhaul of company’s operations aimed at removing remn...
Underlying
Hewlett Packard Enterprise Co.

Hewlett Packard Enterprise is a technology company. The company's segments are: Hybrid IT, which provides a portfolio of infrastructure and solutions including servers, storage, and HPE Pointnext services; Intelligent Edge, which is comprised of cloud solutions that include wireless local area network, campus and data center switching, software-defined wide-area-networking, security, and associated services to enable secure connectivity; Financial Services, which provides investment solutions for customers that facilitate technology deployment models; and Corporate Investments, which includes Communications and Media Solutions, Hewlett Packard Labs and certain business incubation projects.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ilya Kundozerov

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