HPE reports Q1 revenue down 14% YoY to $6.76B, vs. $7.1B est., Server revenue down 23% YoY to $3.4B, and reduces its FY 2024 outlook for sales growth and profit (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
HPE reports Q1 revenue down 14% YoY to $6.76B, vs. $7.1B est., Server revenue down 23% YoY to $3.4B, and reduces its FY 2024 outlook for sales growth and profit  —  Revenue will increase as much as 2%, excluding currency fluctuations, in the fiscal year ending in October.

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