Shares of Hewlett Packard Enterprise (HPE) - Get Hewlett Packard Enterprise Co. (HPE) Report are lower by nearly 6% in after-hours trading after reporting mixed first-quarter earnings results after today's market close.
The company also cut its full-year earnings guidance by 12 cents due to significant headwinds from foreign exchange, higher commodity pricing, and near-term execution issues.
The Palo Alto, CA-based information technology company posted earnings of 45 cents per share on revenue of $11.4 billion.
Analysts polled by FactSet had been projecting earnings of 44 cents per share on revenue of $12.07 billion.
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