Friday, 24 March, 2023

HPE suffering from worsening supply chain issues

<p>As Hewlett Packard Enterprises closes the 2021 fiscal year, the company said it expected it&#39;s supply issues to last another six months. With demand also increasing, the company expects to end the FY with higher backlogs than it had at the start of Q4. However, HPE&#39;s Edge-to-cloud strategy is delivering revenue growth, which is expected to be 3-4% in constant currency, with non-GAAP operating profit growth of 10-15%.<br /> &nbsp;</p>