The company said it combined the Compute and HPC & AI segments into a new reportable segment, Server, which leaves it with 5 segments: Server, Hybrid Cloud, Intelligent Edge, Financial Services, and Corporate Investments and Other.

1. 01

   The company said it combined the Compute and HPC & AI segments into a new reportable segment, Server, which leaves it with 5 segments: Server, Hybrid Cloud, Intelligent Edge, Financial Services, and Corporate Investments and Other.

2. 02

   HPE said it will report under the re-aligned segment structure beginning with the results of the first quarter of fiscal 2024. It said it has reflected the changes retrospectively in fiscal 2023 and 2022 results, which primarily resulted in the realignment of net revenue and operating profit for each segment.

3. 03

   The company presented revised fiscal 2023 Server segment figures for the 12 months ended Oct. 31, 2023: net revenue of $14,361 million, earnings before taxes of $1,830 million, and a segment operating margin of 12.7%.

4. 04

   The company said the segment re-alignment had no impact on the previously reported consolidated net revenue, net earnings, net earnings per share, or total assets. Full-year consolidated net revenue for fiscal 2023 was $29,135 million.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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