HPE Reports $10.7B Revenue, 40% YoY Growth

HPE reports $10.7 billion quarterly revenue, a 40 percent year-over-year increase. Networking revenue reaches $2.7 billion, up from prior periods. AI systems orders hit $1.8 billion in the quarter. The $14 billion Juniper acquisition drives growth in both networking and AI systems. CEO Antonio Neri calls the strategy a success story after years of uncertainty. HPE shares rise sharply following the earnings announcement.