Pins matching place:"CityPlace 8 - Hewlett Packard Enterprise"

HPE closed its all-cash purchase of Juniper Networks at $40 a share, doubling its networking business, days after settling the Justice Department's antitrust suit by agreeing to sell its Instant On unit and license Juniper's Mist AI source code.

HPE posted record fiscal third-quarter revenue of $12.2 billion, up 34%, and non-GAAP EPS of $1.11, then raised its fiscal 2026 and 2027 outlook as AI and networking orders ran ahead of memory-constrained supply.

HPE is expected to report fiscal Q4 and full-year 2026 results after the close, most likely on Thursday 3 December, having guided to $13.9-14.8 billion of quarterly revenue and $1.20-1.30 of non-GAAP EPS; HPE has not yet announced the date.