2024

HPE advances long-term strategy, delivering strong profitability and scaling recurring revenue against market headwinds

Well-positioned to capture explosion of AI demand and continued opportunities in hybrid cloud and edge

Today, HPE reported first quarter financial performance for fiscal year 2024. It was a mixed story for us, with some results to be proud of and some disappointments.

Key takeaways from the quarter’s performance:

  • We achieved strong profitability, while advancing our long-term strategy.
  • We continued to scale our recurring revenue, achieving the second-highest year-over-year growth rate since we started tracking ARR [1] in late 2019 – which is a promising indicator for our ongoing portfolio shift to higher-margin revenues.
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ITIL 4 Practice Manager pathways

Showcase your ITIL 4 practitioner skills with a variety of Practice Manager (PM) cluster training and certification 3-day courses tailored for your area of expertise:

  •  ITIL 4 Specialist: Monitor, Support and Fulfill
  •  ITIL¬¬ 4 Specialist: Plan, Implement and Control
  •  ITIL 4 Specialist: Collaborate, Assure and Improve
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