Figurines with computers and smartphones are seen in front of Hewlett Packard Enterprise logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration
Dec 4 (Reuters) - Hewlett Packard Enterprise forecast first-quarter revenue below Wall Street estimates on Thursday, due to cautious enterprise spending amid economic uncertainty, sending its shares down 5% in extended trading.
Enterprise customer spending has remained weak due to cost-optimization efforts in the wake of economic uncertainty and high interest rates, hitting companies such as HPE.
