HP Inc reported Q1 earnings with net revenue of $13.19B, missing estimates, and sees FY Adj EPS between $3.25 - $3.65. Despite a 4.4% YoY revenue decline, HP CEO is optimistic about PC market growth in 2024. Dell Technologies beat Q4 revenue estimates with $22.3B, fueled by AI-server demand, leading to a 15% jump in stock price.
Dell shares soar on strong earnings and growth forecasts https://t.co/mQON7bLKYU
Dell Technologies Inc $DELL Earnings: - Diluted EPS of $1.59 (+89% YoY) - Adjusted Diluted EPS of $2.20 (+22% YoY) - Revenue of $22.31 billion (-11% YoY) “We generated $8.7 billion in cash flow from operations this fiscal year, returning $7 billion to shareholders since Q1… https://t.co/nryVwNSv7Q
Nice earnings from $DELL, via @ConsensusGurus -We had sent an interview transcript to subscribers from Michael Dell earlier in the week that hinted towards strength, backlog https://t.co/1yjOoMZRGx
HP is in an interesting space as it works out how to improve its business in a very competitive PC and print market. @ChannelWritrGuy breaks down five key takeaways on where the company is headed based on CEO @EnriqueJLores’ pitch to investors this week: https://t.co/339pUdS3Cr
After market numbers following today's earning's news: @DellTech+16.3% @NetApp +12.9% @HPE -2.6% Earlier @PureStorage had a very nice pop rising $25% today based on yesterday's earnings.
Dell beats fourth-quarter estimates on AI server demand https://t.co/xkMassWZ9B https://t.co/B96kquVaoG
.@Dell Technologies beat Wall Street estimates for Q4 revenue helped by the #AI boom and a recovery in the PC market https://t.co/M1LGqpGurF #HPC via @matteastwood https://t.co/5iFMooMDIt
Next up @HPE Earnings. Mixed Q1 Performance: - Difficult YoY compares, - Slowing campus network demand - Limited GPU supply - Impact of delayed HPC acceptance testing. AI server backlog now at about $3 billion. @HPEGreenLake ARR up 40% YoY to $1.4 B. https://t.co/DyRH4YX0FD
Dell reports Q4 revenue down 11% YoY to $22.3B vs. $22.2B est., Client revenue down 12% to $11.7B, and Infrastructure revenue down 6% to $9.3B; DELL jumps 15%+ (@ldignan / Constellation Research) https://t.co/L0n6oT4Ldy https://t.co/bo2b1V59Zj
When I said $DELL just knows how to make it happen on earnings day… The market reaction says it all. The macro is tough, but @Dell is great at figuring it out. https://t.co/Ngq2h3UKUf
Listening to @DellTech earnings call. AI optimized server momentum includes: - Orders increased nearly 40% QoQ - Shipped $800M of AI optimized servers in Q - AI optimized server backlog nearly doubled QoQ to $2.9B Strength across a wide range of customers and geographies https://t.co/pMwhDhxP3B
Dell reported better-than-expected sales and profit as corporations appear to be updating their information technology equipment to meet AI demand https://t.co/raCmnRKYrT
Gearing up for @Dell, @HPE and @NetApp earnings this evening.
Dell’s superpower is beating even in wildly complex macros through op excellence. Did it once again here. Infrastructure takes charge here and offsets soft PC business 40% QoQ growth in AI order book. Diversified to benefit from AI tailwind. Solid quarter and mgmt from $DELL https://t.co/TVeZvwTxtr
Dell’s big quarter, fueled by surge in AI-server demand, sends stock soaring 18% https://t.co/gpyOlfLctu
And $DELL crushes it. Big EPS beat … and that dividend. Infra/PC markets rebounding? Seems so. More after the call and I get off this plane from MWC and after the call. - EPS beat: $2.20 vs $1.73 - Revenue meet/slight beat: $22.30B vs $22.16B - Dividend increase to $1.78… https://t.co/J0px7G3uXW
Mixed result for @HPE. Great bottom line growth and margin expansion versus slower top line growth. The number I really like is the 41% ARR growth and ~3000 GreenLake customer adds. Spoke to @AntonioNeri_HPE and he sees acceleration as GPU avail grows. AI is the tailwind! $HPE https://t.co/RkZVjPYgOw
$HPE delivers Q1 FY24 earnings: highlighting key results, discussing market dynamics, and reiterating HPE’s long term strategy. https://t.co/CpQLa1hWSD
$DELL rocks - up 16% AH to $110 https://t.co/h1E2d8vVN2 https://t.co/2F6qDi1VFE
$DELL wins the earnings night
$DELL up 10 A/H on earnings https://t.co/rjtgeiVecX
$DELL Dell Technologies earnings estimates Analysts estimate $22.16B in revenue (-11.50% YoY) and $1.73 in earnings per share (-3.89% YoY). https://t.co/nArUrO08mf
#OTSpro Russell also sharing that $DELL is a long into the print (after the close). $PSTG just showed us that on demand storage is booming and Dell is getting wins with AI servers.
$HPE Hewlett Packard Enterprise will report today. Analysts estimate $7.12B in revenue (-8.82% YoY) and $0.45 in earnings per share (-28.57% YoY).
eBay Inc $EBAY Earnings: - Diluted EPS of $1.40 - Adjusted Diluted EPS of $1.07 - Revenue of $2.6 billion (+2% YoY) - Gross merchandise volume of $18.6 billion (+2% YoY) “Last year, we made significant progress toward our vision to reinvent the future of ecommerce for… https://t.co/zrISDyiMaT
The quick rundown on @HP Q1 earnings. EPS $0.81 (Est. $0.81) Sales $13.19B (Est. $13.51B) PC numbers still lag, but optimism is here with AI PC and strong client numbers from $ARM $INTC and $AMD Spoke to CEO Enrique Lores, cautious on AI PC impact in 24. But, overall positive https://t.co/aqmzTJCzJY
HP shares drop after falling short on revenue in first quarter https://t.co/sCLHRtY4tl
HP misses first-quarter revenue estimates on sluggish demand in PC market https://t.co/2HRewYtH5p https://t.co/69Aqqup6ep
Largest stocks that report earnings tomorrow Anheuser Busch $BUD $TD Canadian Natural $CNQ NetEase $NTES Dell Technologies $DELL $CRH Autodesk $ADSK Canadian Imperial $CM Veeva $VEEV Zscaler $ZS Ecopetrol $EC Argenx $ARGX Hewlett Packard $HPE Cooper $COO Netapp $NTAP Best Buy…
HP CEO: PC demand remains a challenge, though AI computers are coming https://t.co/E6ZhZQcbDZ by @BrianSozzi
Key Earnings Reports After the Close Tomorrow Autodesk $ADSK Cooper $COO Dell Technologies $DELL Hewlett Packard $HPE MasTec $MTZ NetApp $NTAP For more details, start a trial at https://t.co/H4p1RcpNxV.
Key Earnings Reports Before the Open Tomorrow Best Buy $BBY Acushnet $GOLF Hormel Foods $HRL Papa John's $PZZA Dentsply Sirona $XRAY For more details, start a trial at https://t.co/H4p1RcpNxV.
A slowdown in HP’s revenue decline combined with a continued gain in PC market share are solid signs that HP and the market as a whole are stabilizing, according to CEO and President Enrique Lores. https://t.co/Fi6azgWv7Y
"We continue to expect the PC market to grow in 2024," HP CEO @EnriqueJLores says. "We expect the second half of the year to be stronger and we are well positioned to ride that growth when it will come." https://t.co/8QHpVrloXY
HP reports Q1 revenue down 4.4% YoY to $13.19B, vs. $13.56B est., Personal Systems revenue down 4% YoY to $8.8B, and Printing revenue down 5% YoY to $4.4B (Reuters) https://t.co/TuBSQGp7k2 📫 Subscribe: https://t.co/OyWeKSQRTe https://t.co/5Y6dcTnejN
HP reported quarterly revenue that missed estimates, battered by the ongoing slump in personal computer sales. https://t.co/sNwvIHFt3O
HP meets estimates and sees PC market stabilizing in 2024, but stock still falls https://t.co/tq2Z2TLO1k
$HPQ | HP Inc Q1 Earnings: - Net Revenue: $13.19B (est $13.58B) - Adj EPS: $0.81 (est $0.81) - Adj Op. Margin: 8.4% (est 8.25%) - Sees FY Adj EPS Between $3.25 - $3.65 (est $3.45)