December 4, 2018 / 9:15 PM / 7 days ago

HPE quarterly revenue rises 3.7 pct

Dec 4 (Reuters) - Hewlett Packard Enterprise Co reported a 3.7 percent rise in quarterly revenue on Tuesday, driven by higher demand for its servers, storage and networking equipment.

The company’s net loss was $757 million, or 52 cents per share, in the fourth quarter ended Oct. 31 from a profit of $524 million, or 32 cents per share, a year earlier.

Net revenue rose to $7.95 billion from $7.66 billion. (Reporting by Sayanti Chakraborty in Bengaluru; Editing by Shailesh Kuber)

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