BUZZ-HPE receives $1.2 billions order from Vultr and raises earnings guidance, shares rise

September 30 - ** Shares of AI server manufacturer Hewlett Packard Enterprise (HPE.N) rose 4.9% in pre-market trading to $64.5

** HPE announced it has secured a $1.2 billion order from Vultr and will deploy HPE's AMD Helios AI Rack systems at Vultr’s cloud data centers in the United States

** HPE raised its revenue growth forecast for its network business unit for fiscal 2027 to a high-teens to low-twenties percentage range

** The company expects by the end of fiscal 2028, annualized run-rate cost synergies related to the acquisition of Juniper Networks will reach $800 million, up from the previously stated target of at least $600 million

** As of the last close, the stock has more than doubled so far this year

(To facilitate non-English speakers, Reuters has automated translation of its reports into several other languages. Because automated translation may contain errors or lack needed context, Reuters does not guarantee the accuracy of automated translation and provides it only for readers’ convenience. Reuters accepts no liability for any damage or loss caused by use of the automated translation function.)