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HPE revenues for the year amounted to $ 27.8 billion, net profit – $ 3.4 billion

Hewlett Packard Enterprise (HPE) has published its regular quarterly report. She ended the fourth quarter of the fiscal year 2021 on October 31, so the report included indicators not only for the quarter, but also for the fiscal year as a whole.

HPE revenues for the year amounted to $ 27.8 billion, net profit – $ 3.4 billion

Revenue for the quarter was $ 7.354 billion. A year ago, this figure was equal to $ 7.208 billion. Operating income for the year increased from $ 145 million to $ 350 million. And if in the fourth quarter of 2020 the net profit was $ 157 million, then this time the result of the quarter was a net profit of $ 2.553 billion.

Revenue for the year totaled $ 27.784 billion. For comparison: in 2020, revenue was equal to $ 26.982 billion. The growth seems small, but if in 2020 the company suffered an operating loss of $ 329 million, then in the report for 2021 this column recorded an operating profit of $ 1.132 billion. A net loss of $ 322 million last year has been replaced by a net profit of $ 3.427 billion.

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