Similar companies
| Company | Revenue | |
|---|---|---|
 |
HPHPQ |
13.5B 5.6% |
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 7.71B | 7% |
| Gross Profit | 6.22B | 8.2% |
| Cost of Revenue | 1.49B | 2.4% |
| Operating expense | 1.91B | 0.5% |
| Net Income | 512M | 63.1% |
| EBITDA | 607M | 23.4% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 60.9B | 1.9% |
| Total Liabilities | 38.8B | 2% |
| Total Equity | 22.1B | 1.8% |
| Shares Outstanding | 1.3B | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.15B | 5.6% |
| Cash from investing | -473M | 28.9% |
| Cash from financing | 304M | 117.6% |
EPS
Financial Highlights for Hewlett Packard Enterprise in Q3 '24
Hewlett Packard Enterprise reported a revenue of 7.71B, which is a 7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 6.22B, marking a 8.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.49B, a 2.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.91B, showing a -0.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 512M, showing a 63.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 607M, showing a 23.4% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Hewlett Packard Enterprise with growth in revenue, gross profit, and net income.
