Hewlett Packard Enterprise: Fiscal Q3 Earnings Snapshot

SPRING, Texas (AP) — SPRING, Texas (AP) — Hewlett Packard Enterprise Co. (HPE) on Wednesday reported fiscal third-quarter profit of $512 million.

On a per-share basis, the Spring, Texas-based company said it had net income of 38 cents. Earnings, adjusted for one-time gains and costs, were 50 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The information technology products and services provider posted revenue of $7.71 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $7.67 billion.