Hewlett Packard Business shares dipped in soon after-hrs trading Thursday soon after the computing big claimed a sixteen% fall in quarterly revenue, reflecting supply chain disruptions triggered by the coronavirus pandemic.
HPE’s revenue for the next quarter declined to $six billion from $7.one billion in the 12 months-back time period. Analysts experienced predicted product sales of $six.33 billion.
The enterprise also posted a internet reduction of $821 million, or 64 cents a share. Following changes for a single-objects, it acquired 22 cents a share, lacking estimates of 30 cents a share.
“This was a difficult quarter by each measure and