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Story summary
- Hewlett Packard Enterprise (HPE) reported fourth-quarter revenue of $9.68 billion, missing analyst expectations of $9.94 billion.
- The revenue reflects a 14% year-over-year increase but shows a decline in AI server income due to order delays.
- HPE's shares initially dropped over 9% but rebounded the next day.
- CFO Marie Myers cited rising costs and timing issues with AI server deals as challenges.
- For the first quarter, HPE anticipates revenue between $9 billion and $9.4 billion, below the $9.87 billion expected by analysts.
