HPE Raises Fiscal 2027 Networking Revenue Growth Outlook
MT newswire2026/09/30 12:11Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:11 AM EDT, 09/30/2026 (MT Newswires) -- Hewlett Packard Enterprise (HPE) raised its fiscal 2027 revenue growth outlook for the networking segment to between the high teens and low-20s percent, the company said Wednesday. Analysts polled by FactSet expect $13.13 billion. HPE also expects to gain market share over the next three years in data center networking, routing, and campus and branch networking, it said. The company now expects $800 million in annual run-rate savings by the end of fiscal 2028, compared with its prior target of at least $600 million.
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