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HPE quarterly revenue rises 10 percent

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HPE quarterly revenue rises 10 percent
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(Reuters) – Hewlett Packard Enterprise Co <HPE.N> reported a 9.7 percent rise in quarterly revenue on Tuesday, helped by higher demand for servers and networking equipment.

Net profit was $778 million (£579.1 million), or 50 cents per share, in the second quarter ended April 30, compared with a loss of $612 million, or 37 cents per share, a year earlier.

Revenue rose to $7.47 billion from $6.81 billion.

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Anil D’Silva)

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