• Fourth quarter net revenue of $7.9 billion, up 4% from the prior-year period, and up 3% when adjusted for currency
• Fourth quarter GAAP diluted net earnings per share of ($0.52), below the previously provided outlook of $0.16 to $0.21 per share, primarily related to the impact of U.S. Tax Reform
• Fourth quarter non-GAAP diluted net earnings per share of $0.45, above the previously provided outlook of $0.39 to $0.44 per share, and up 55% from the prior-year period’s net earnings per share from continuing operations
• Fiscal 2018 net revenue of $30.9 billion, up 7% from fiscal 2017, and up 5% when adjusted for currency
• Fiscal 2018 GAAP diluted net earnings per share of $1.23, below the previously provided outlook of $1.85 to $1.90 per share, primarily related to the impact of U.S. Tax Reform
• Fiscal 2018 non-GAAP diluted net earnings per share of $1.56, above the previously provided outlook of $1.50 to $1.55 per share, and up 63% from the prior-year period’s net earnings per share from continuing operations
• Returned $4.1 billion to shareholders in the form of share repurchases and dividends in  fiscal 2018, up 39% from the prior-year period
• Maintains fiscal 2019 GAAP diluted net earnings per share outlook of $0.73 to $0.83 and non-GAAP diluted net earnings per share outlook of $1.51 to $1.61, up 8% year-over-year at the mid-point of the range, from the fiscal 2018 non-GAAP diluted net earnings per share, adjusted for pension accounting and taxes, of $1.45

PALO ALTO, Calif., Dec. 04, 2018 (GLOBE NEWSWIRE) -- Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for its fiscal 2018 and the fourth quarter, ended October 31, 2018.

Fourth Quarter Fiscal Year 2018 Results
Fourth quarter net revenue of $7.9 billion was up 4% from the prior-year period and up 3% when adjusted for currency.

Fourth quarter GAAP diluted net earnings per share (“EPS”) from continuing operations was ($0.53), down from GAAP diluted net EPS from continuing operations of $0.23 in the prior-year period.

Fourth quarter non-GAAP diluted net EPS from continuing operations was $0.45, up from non-GAAP diluted net EPS from continuing operations of $0.29 in the prior-year period. Fourth quarter non-GAAP net earnings from continuing operations and non-GAAP diluted net EPS from continuing operations exclude after-tax adjustments of $1.4 billion and $0.98 per diluted share, respectively, primarily related to the impact of U.S. tax reform, impairment of goodwill, amortization of intangible assets, an adjustment to earnings from equity interests and tax indemnification adjustments.

Fiscal 2018 Full-Year Results
Fiscal 2018 net revenue of $30.9 billion was up 7% from the prior-year period and up 5% when adjusted for currency.

Fiscal 2018 GAAP diluted net EPS from continuing operations was $1.30, up from GAAP diluted net EPS from continuing operations of $0.26 in the prior-year period.

Fiscal 2018 non-GAAP diluted net EPS from continuing operations was $1.56, up from non-GAAP diluted net EPS from continuing operations of $0.96 in the prior year. Fiscal 2018 non-GAAP net earnings from continuing operations and non-GAAP diluted net EPS from continuing operations exclude after-tax adjustments of $406 million and $0.26 per diluted share, respectively, primarily related to the impact of U.S. tax reform, transformation costs, amortization of intangible assets, an adjustment to earnings from equity interests, tax indemnification adjustments and income tax valuation allowances. Fiscal 2018 adjusted non-GAAP diluted net EPS of $1.45 excludes $0.08 for certain non-service pension costs/(benefits), and $0.03 for changes in non-GAAP effective tax rate.

“Hewlett Packard Enterprise delivered another impressive quarter in Q4, concluding a very successful fiscal year 2018 marked by significant transformation and achievement,” said Antonio Neri, President and CEO of HPE. “We excelled in delivering differentiated new capabilities for our customers that drove meaningful top line growth while expanding margins that fueled strong cash flow and shareholder returns. As we close my first fiscal year as CEO, I am incredibly proud of where we stand in the marketplace and of our innovative culture. In 2019, I have great confidence that our experienced global team and proven strategy will accelerate what comes next for our customers from edge to cloud.”

HPE fiscal 2018 full-year and fourth quarter continuing operations financial
performance