HP Enterprise revenue gains 2.5% after company slims down

San Francisco

HEWLETT Packard Enterprise Co is emerging from an aggressive effort to slim down, reporting stronger-than- projected quarterly sales on healthier demand for servers and storage gear that help run data centres.

Revenue rose 2.5 per cent to US$8.2 billion in the fiscal third quarter, marking the first time in five quarters that the corporate technology company has beaten analysts' sales estimates. Adjusted profit was 30 US cents a share, the Palo Alto, California-based company said on Tuesday in a statement.