Hewlett Packard Enterprise misses quarterly revenue estimates


FILE PHOTO: A trader passes by the post where Hewlett Packard Enterprise Co., is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 25, 2016. REUTERS/Brendan McDermid

(Reuters) - Hewlett Packard Enterprise Co missed Wall Street estimates for second-quarter revenue on Tuesday, as clients scale down spending on tech, including cloud services, amid an economic slowdown.

Shares of the Texas-based IT company fell 4% after the bell. The stock has declined nearly 3% so far this year.

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