Salesforce tempers expectations, HPE reports record revenue
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Salesforce tempers expectations, HPE reports record revenue
"The latest quarterly figures from Salesforce and Hewlett Packard Enterprise (HPE) paint a mixed picture. Salesforce disappointed investors with its outlook. HPE posted record revenue, partly thanks to the acquisition of Juniper Networks. Salesforce performed better than expected in the second quarter of fiscal year 2026. However, the outlook for the current quarter was disappointing. The cloud software company reported revenue of $10.24 billion, which was above analysts' expectations of $10.14 billion."
"Hewlett Packard Enterprise (HPE) posted record revenue of $9.1 billion in the third quarter of fiscal 2025, up 19 percent from a year earlier. Annual recurring revenue from HPE GreenLake and related services grew 77 percent to $3.1 billion. The results partly reflect the recent acquisition of Juniper Networks, which has been included in the figures since the beginning of July."
Salesforce reported second-quarter fiscal 2026 revenue of $10.24 billion, above analysts' $10.14 billion estimate, but projected third-quarter revenue between $10.24 billion and $10.29 billion with the midpoint below consensus. Adjusted EPS guidance of $2.84–$2.86 matched expectations. Investors reacted negatively as AI platform growth, including Agentforce, is trailing high expectations, sending the stock down over 5% in after-hours trading. Hewlett Packard Enterprise posted record third-quarter fiscal 2025 revenue of $9.1 billion, up 19% year over year, with HPE GreenLake ARR up 77% to $3.1 billion. The Juniper Networks acquisition contributed to revenue gains and expected synergies.
Read at Techzine Global
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