Freeman’s slicing fly to deep left field was misplayed by Brandon Nimmo, who got twisted around and appeared to lose sight of the ball as it dropped on the warning track beside him.
Shares of the server-maker, which also recorded an impairment charge of $1.36 billion in the reported quarter, rose 3.2% in extended trading.The company has benefited from a surge in spending on advanced data center architecture, designed to support the complex processing needs of generative AI.
The GenAI boom has bumped up demand for Hewlett Packard's AI-optimized servers, which are powered by Nvidia processors and can run complex applications.For the quarter ended April 30, the company reported revenue of $7.63 billion, ahead of analysts' average estimate of $7.45 billion, according to data compiled by LSEG.In the quarter, Hewlett Packard addressed the execution challenges that it experienced in the prior quarter, which enabled it to drive improved margin performance in the server business, CFO Marie Myers said during a post-earnings call.
The company did not see a significant benefit from tariff-related demand pull-forward, she said.Adjusted profit per share for the second quarter was 38 cents, beating an estimate of 32 cents per share.
Server revenue was up 5.7% to $4.06 billion and revenue for the hybrid cloud segment grew 13% to $1.45 billion.
Hewlett Packard tightened its annual revenue forecast growth to be up 7% to 9%, compared to its prior forecast of 7% to 11% growth.on June 17 shifts our focus to productivity and precision, which can help you sort through messes and get organized.
Still, illusions are bound to creep in on June 18, when, as this could test our ability to see things clearly and stay grounded amid the emotional upheaval.
The buzzing cerebral energy takes a backseat when the sun enterson June 20, ushering in a much-needed shift toward home, family and self-care.