Whitman: 'It Was A Great Quarter'
Hewlett Packard Enterprise CEO Meg Whitman spoke with CRN Wednesday about the impact of the blockbuster deal to merge its $20 billion HPE Enterprise Services (ES) business with systems integration giant CSC, the future of a standalone HPE competing against Cisco and Dell-EMC and about HPE's relationship with VMware in light of the impending Dell-EMC merger.
Whitman's discussion with CRN came the morning after the company posted its first growth in year-over-year quarterly sales in five years for its second fiscal quarter ended April 30.
For the quarter, HPE posted earnings of 42 cents per share on sales of $12.7 billion, up one percent from $12.54 billion in the year ago quarter. Shares of HPE climbed nearly 7 percent to $17.31, while CSC shares rose nearly 38 percent to $49.06 in afternoon trading......