Huge challenge: HPE is up against much bigger and established companies such as Cisco Systems Inc and the Dell-EMC combine.
Hewlett Packard Enterprise Co, the corporate hardware and enterprise software business of Hewlett-Packard Co, cut its full-year profit forecast, as the company faces intense competition in its cloud-related business and struggles with a strong dollar.
The company's shares were down 6.7% in after-market trading on Thursday. They have gained nearly 88% in the past 12 months.
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