HPE drops profit outlook after disappointing cash flow

HPE drops profit outlook after disappointing cash flow

Hewlett Packard Co. fell as much as 4.2 percent in after-hours trading after the computing services provider gave a disappointing outlook for cash flow and profit. Free cash flow in the fiscal year ending October 2024 will be roughly $2 billion, the company said Thursday at its annual investor meeting. Analysts on average had predicted …

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