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A look at how some of Trump's picks to lead health agencies could help carry out Kennedy's overhaulGuwahati, Nov 30 (PTI) Chief Minister Himanta Biswa Sarma on Saturday launched the Assam State Commission for the Right to Public Services, emphasising its role in ensuring greater accountability in the provision of public services. Speaking on the occasion, Sarma highlighted the transformative role of technology in advancing accountability and said, “Good governance cannot be achieved if the citizens remain unaware of their rights.” The CM reiterated that it is the government’s primary duty to ensure that public services are delivered in an efficient and timely manner, noting, “The public stands to gain from numerous services, and it is the government’s responsibility to ensure they are provided effectively.” He pointed out that through the Seva Setu platform, the state government has already recognised 725 subjects as citizen rights, covering 64 government departments and three autonomous councils under the Sixth Schedule. “The Seva Setu portal provides a clear service delivery timeline, specifying the maximum time frame within which each service should be provided,” Sarma said. He further mentioned that since the platform’s launch, over 1.56 crore applications have been received, with more than 90 per cent successfully resolved. “The Right to Public Service Act is now enforced across 34 states, ensuring that citizens’ rights are safeguarded,” he added. He announced the appointment of retired IPS officer Sujoy Lal Thaosen as the chief commissioner of the commission, with Ranjan Kumar Chakraborty and Bimal C. Oswal appointed as members. “If public is properly empowered with their rights and services are delivered efficiently, Assam can set a benchmark for exemplary governance,” Sarma asserted. He urged officials and civil servants to be proactive in implementing these reforms and stressed the need to raise public awareness about the rights available through the Assam State Commission for the Right to Public Services. The Chief Minister also launched the commission’s handbook and website, reaffirming the government’s commitment to citizen-centric governance, driven by the principle of “Citizen First.” PTI DG DG MNB This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
NoneArticle content If Game 1 of the second season of the PWHL is any indication, buckle up for even more physicality than the league provided in Year 1. Recommended Videos Toronto squeaked out a 3-1 win in a very physical season opener over Boston, but needed a power-play goal with just over a minute and a half remaining to push things in their favour. Hannah Miller was camped netside with Toronto on the power play and Hillary Knight in the penalty box after a dangerous boarding penalty left Renata Fast slow to get up. Miller was Janey on the Spot as a Daryl Watts rebound bounced directly to her and she made no mistake hitting the wide open net. Emma Maltais sealed it with an empty netter seconds later. Boston struck first in the game on the power play. With Maggie Connors off for a tripping minor, Boston’s big line of Knight, Alina Muller and Hannah Bilka converted very quickly with Knight taking a pass in the slot from Megan Keller and ripping one past Toronto goaltender Kristin Campbell on her low glove side. Toronto gave up just six power-play goals all of last season for an almost 92% success rate on the kill. Playing in Coca-Cola Coliseum, their new home which provides almost triple the number of seats they had at the Mattamy Athletic Centre last season, the Sceptres were cheered on by a near sellout crowd of 8,089. Boston’s physical play gave that crowd plenty of chances to get vocal. Four different Sceptres during the game – Noemi Neubauerova, Emma Maltais, Izzy Daniel and in the dying minutes Fast – all went down hard in the game and either stayed down or waited for a whistle before making their way to the bench. After the game, head coach Troy Ryan said he had checked on all his banged up players and none looked like they had sustained anything that would hold them back going forward. Fast, in fact, was back on the ice for the power play and wound up assisting on Miller’s game winner. Next up for Toronto is a road trip to Ottawa where they will take on the Charge on Tuesday night with a 7 p.m. puck drop. mganter@postmedia.comFuntap The Vanguard Total International Bond Index Fund ETF Shares ( NASDAQ: BNDX ), launched on 05/31/2013 and managed by The Vanguard Group, Inc., is an ETF that tracks the performance of the Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Election Reform Commission head Badiul Alam Majumder addresses a press conference at the Election Bhaban at Agargaon in the capital on Saturday morning The Election Reform Commission has proposed a number of recommendations, including direct presidential election, repealing the system of elected unopposed and bringing the no-vote system back. The commission also recommended ensuring transparency in funds spent by candidates for electioneering. Badiul Alam Majumder, head of the commission, disclosed the recommendations while addressing a press conference at the Election Bhaban at Agargaon in the capital on Saturday morning after a meeting between the Election Reforms Commission and senior journalists and editors. During the meeting, different stakeholders recommended direct presidential election, some of them favored direct elections in all forms of the vote, and others opined non-partisan local government polls across the country before the national election, he said. Majumder said some stakeholders also suggested to appoint the Chief Election Commissioner (CEC) and other Election Commissioners (ECs) based on political consensus, he said. The issue of using technologies, including Electronic Voting Machines (EVMs) in the election was also discussed during the meeting, he said. Another member of the commission, Dr Tofael Ahmed said reform process would completely stop if the parliamentary election is held first.
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Sault athlete recognized by Special Olympics CanadaNo. 9 Kentucky, focused on getting better, welcomes Jackson St.A major protest led by National Conference’s (NC) member parliament from Srinagar Ruhullah Mehdi and joined by some opposition leaders and youth against the recently amended job reservation policy was held outside the residence of chief minister Omar Abdullah in Srinagar on Monday. Amid the protest, CM Omar called a group of students to talk. “Omar sab listened to our concerns, including rationalisation of reservation and time bound outcome of cabinet sub-committee. He said that they will work on it. He sought a six month time frame as they have to talk to all other stakeholders. We wanted a shorter time frame,” said a student leader Aqib Ahmad after the meeting with Omar. Omar also tweeted over the issue. “Today I met the representatives of the Open Merit Students Association. The beauty of democracy is the right to be heard and dialogue in a spirit of mutual cooperation. I have made certain requests of them and given them a number of assurances. This channel of communication will remain open without any intermediaries or hangers on,” he said. Earlier, Mehdi along with hundreds of youth, including young doctors and students of Government Medical College, Srinagar, marched on the Gupkar Road and assembled outside the residential office of the CM. The protesters shouted slogans against the reservation policy which had increased the reservation in jobs and admissions for reserved categories to over 60% earlier this year. Opposition leaders from Peoples Democratic Party, including Waheed Parra and Iltija Mufti also joined the protest alongside Mehdi. Awami Ittihad Party leader Sheikh Khursheed, brother of incarcerated Baramulla MP Engineer Rashid, also became part of the protest demonstration. Mehdi acknowledged the presence of all the opposition leaders. Mehdi clarified that they were not against the reservation of any disadvantaged group in Jammu and Kashmir. “Like our Scheduled Castes, Scheduled Tribes, backward areas and other groups face challenges and need handholding. Then providing them the reservation is justice. Similarly, extending reservation to an irrational level that affects the open merit candidates, then that is injustice for the open merit. Our demand is to rationalise the reservation policy,” he said. Mehdi said that the government needs to use logic and provide reservation as per the population of each category or follow Supreme Court guidelines. “There are two ways for rationalisation of the policy. Provide reservation as per the population ratio. If their population is not more than 40% or is less than 60%, then this injustice should not be done with open merit... The other way is honouring the ruling by Supreme Court and set the open merit percentage at at-least 50%,” he said. The Omar Abdullah-led Jammu and Kashmir government on December 10 constituted a three-member panel for a relook at the policy. Mehdi said that the youth were not satisfied with the pace of work by the cabinet sub-committee. “The CM formed cabinet sub-committee. As I returned from my parliamentary duties, I came to know that the people so far are not satisfied by the working and result of the sub-committee. For me, students are important. So I stood up on your behalf,” he said. Mehdi said that the new government has been formed to solve the issues of people. He also lashed out at the way administration of the union territory has worked since the Abrogation of article 370 in 2019. He said that the roads here would reverberate with the voices of people and the pen should be raised in secretariat as per those wishes not as per the dictates from Delhi. “We all voted after facing the ‘dictatorship’ and ‘forced administration’ of past five years and formed our government. We all tried to restore democracy here. Democracy was murdered here. Our (special) status was snatched away against our will... We have not forgotten 2019. We will answer through democracy not violence or undemocratic means. We will say goodbye to dictatorship and viceroy system from here...,” he said. The resentment is also brewing within the general category population for curtailment of quota in both jobs and NEET and post graduate (PG) seats. Recently, when PG seats were announced in one of the prestigious medical institutes, just 30% postgraduate seats were left for general open merit candidates while the rest were reserved for candidates belonging to various categories. At-least three petitions have been moved in the J&K high court challenging the present status of reservation in seats and jobs. Opposition leader and Pulwama MLA Waheed Parra said that the youth of Jammu and Kashmir should be granted pro rata representation. “Opportunities should be as per the population...Ruhullah sb has initiated this and we all say this that there will be no politics on this. We are with you and trust you for this initiative for youth,” he said. Iltija Mufti sought a time bound result. “We sincerely hope that the government rationalises the reservation policy and most importantly it should be in a ‘time-bound’ manner. We don’t want any politics over the issue. There is massive unemployment and there are no jobs for our students. We want to secure their future,” she said.
EPL: ‘We have lots of issues’ – Amorim predicts Man City vs Utd
About eight years ago, Plaza hotel-casino CEO Jonathan Jossel looked around the property during the annual National Finals Rodeo in Las Vegas. Others in the industry said the city-wide 10-day event was a boon to their bottom line during an otherwise slow period — but Jossel didn’t see it, even as a sponsor. But the property did decide to try something new: use its undeveloped land south of the parking garage to build an equestrian arena for additional rodeo events. “It was a risk, but I was willing to take the gamble because we weren’t busy then,” Jossel said of the December 2018 opening.” Six years later, Plaza’s CORE Arena is an equestrian center in Downtown Las Vegas and walking distance of the tourist-heavy Fremont Street Experience. Up to 5,000 spectators can watch ranch sorting, pole bending, barrel racing, breakaway roping and other free rodeo events during the hotel-casino’s rodeo programming. “There are different promoters that come in and do the other events, and we sponsor them and make their events more viable, then they buy hotel rooms,” Jossel said. “It’s become arguably the best 10 days of the year now for the consistent stretch.” It’s not just the National Finals Rodeo that gets people to Las Vegas in early December. With performances selling out every night at Thomas & Mack Center, rodeo fans interested in alternative events to watch can visit about half a dozen venues in the region as properties look to attract fans with their own offerings and diversify their revenue streams. Rodeo beyond Thomas & Mack While the top rodeo athletes may be the original draw to town, a growing slate of additional competitions that take place at at least six venues around Las Vegas are bringing thousands of additional rodeo fans to the area, said Bo Gardner, vice president of corporate marketing at Las Vegas Events. “Those are for the people that don’t have tickets to NFR,” Gardner said. “They want to be cowboys, and this is where the cowboys are.” One successful vertical has been youth competition. His organization is responsible for coordinating and planning NFR around Las Vegas, and they saw youth events like the Junior World Finals at the Las Vegas Convention Center as a way to bring hotel guests to properties that otherwise didn’t see a piece of the action. “Even the Las Vegas board said, ‘Why are you bringing youth in when this is Las Vegas?’” Gardner said of the initial response to youth rodeo events in 2015. “We have all these properties that would not participate in the NFR unless those youth events were here. You’re bringing your kid, now they’re bringing mom and dad and sisters. We have 740-plus contestants in just our event over 10 days.” Other events with adult rodeo athletes give visitors something to do if they don’t have an NFR ticket. At South Point’s arena and equestrian center, the Miss Rodeo America Pageant and the World Series of Team Roping competitions fill the 4,600-seat arena with semi-professional contestants for more than a week. Last year’s prize pool was $18 million. South Point has long been the center of rodeo action year-round. Around NFR, the resort-casino annually hosts the Professional Rodeo Cowboy Association’s national convention, the Gold Buckle Gala, PRCA Awards, a Western gift convention and countless live broadcasts from the hotel side. With so much going on, General Manager Ryan Growney said they don’t sell hotel rooms to the general public during that time — relying only on hotel room blocks. The roughly 4,000 horse stalls, a mix of permanent spaces under the arena and 2,800 temporary ones, see similar levels of demand. “Before this rodeo ends, we’ll be 200 rooms oversold for next year, maybe more,” South Point General Manager Ryan Growney said. Establishing a rodeo presence Some newcomers to the Strip see arena programs as a way to make an impression on the rodeo tourist crowd. Resorts World, which opened in June 2021, saw a chance early on when it became the host partner for the Bullfighters Only World Championships. Solomon Schwartz, head of sponsorships and activation at Resorts World, said at that time they heard the event was preparing to move from the Tropicana. The COVID-19 pandemic also helped, he said, because routines were disrupted and long-time tourists were trying new things. “It was also a benefit for us that it was right after COVID, the norms were changed,” Schwartz said. “These customers are creatures of habit. It’s really hard to make them leave a location that they’ve become accustomed to. We filled that gap when they hadn’t been here for two years.” Schwartz said the five days of bullfighting take place at the Complex, an approximately 1,500-seat arena built on Resorts World’s 88-acre modular land. That event space was most recently used during Formula One as the site of a go-karting and fan fest experience. “When you think of NFR, you have the event from 5:45 p.m. to 8:15 p.m., probably a lot of people go to Cowboy Christmas during the day, and then, really, what are you doing before the rodeo starts? This is filling that gap there,” he said. “They usually go on around 1 p.m. and end around 3 p.m. It brings more foot traffic to the property during some of these slower periods of the day.” Schwartz said the event space is just one piece of the property’s activations. Other rodeo programming includes watch parties, country music performances and athlete meet-and-greets. Adding authenticity At the Plaza, Jossel said CORE Arena has been key to building up the brand’s association with NFR in the minds of returning customers. The events — plus 260 horse boarding stalls, a steakhouse, the on-site gift show Downtown Christmas Expo , among other NFR preparations — help illustrate the property’s approach to rodeo and Western culture. “We wear the hats, we wear the jackets, we get to know the customers, and that’s what they want,” Jossel said. “They want familiarity and good service. And if you give them that, this becomes their home. And I think we built a database on people that consider the Plaza, and this equestrian center, as their place for the 10 days of NFR.” To Growney, other hotel-casino operators who want to beef up their NFR programming should consider how it can be done authentically. Sometimes that can take years, he added. Contestants, programmers and stock contractors will see it if the property’s staff is familiar with rodeo. But Growney’s first piece of advice to new operators during NFR isn’t about authentic programming — it’s about knowing your audience: “Lower your beer prices,” Growney said with a laugh.Blake Lively accuses ‘It Ends with Us’ director Justin Baldoni of sexual harassment, smear campaign
By MICHAEL R. SISAK and JENNIFER PELTZ NEW YORK (AP) — President-elect Donald Trump’s lawyers urged a judge again Friday to throw out his hush money conviction, balking at the prosecution’s suggestion of preserving the verdict by treating the case the way some courts do when a defendant dies. They called the idea “absurd.” Related Articles National Politics | Trump wants to turn the clock on daylight saving time National Politics | How ruling by a conservative Supreme Court could help blue states resist Trump policies National Politics | A nonprofit leader, a social worker: Here are the stories of the people on President Biden’s clemency list National Politics | Nancy Pelosi hospitalized after she ‘sustained an injury’ on official trip to Luxembourg National Politics | Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees The Manhattan district attorney’s office is asking Judge Juan M. Merchan to “pretend as if one of the assassination attempts against President Trump had been successful,” Trump’s lawyers wrote in a blistering 23-page response. In court papers made public Tuesday, District Attorney Alvin Bragg’s office proposed an array of options for keeping the historic conviction on the books after Trump’s lawyers filed paperwork earlier this month asking for the case to be dismissed. They include freezing the case until Trump leaves office in 2029, agreeing that any future sentence won’t include jail time, or closing the case by noting he was convicted but that he wasn’t sentenced and his appeal wasn’t resolved because of presidential immunity. Trump lawyers Todd Blanche and Emil Bove reiterated Friday their position that the only acceptable option is overturning his conviction and dismissing his indictment, writing that anything less will interfere with the transition process and his ability to lead the country. The Manhattan district attorney’s office declined comment. It’s unclear how soon Merchan will decide. He could grant Trump’s request for dismissal, go with one of the prosecution’s suggestions, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court, or choose some other option. In their response Friday, Blanche and Bove ripped each of the prosecution’s suggestions. Halting the case until Trump leaves office would force the incoming president to govern while facing the “ongoing threat” that he’ll be sentenced to imprisonment, fines or other punishment as soon as his term ends, Blanche and Bove wrote. Trump, a Republican, takes office Jan. 20. “To be clear, President Trump will never deviate from the public interest in response to these thuggish tactics,” the defense lawyers wrote. “However, the threat itself is unconstitutional.” The prosecution’s suggestion that Merchan could mitigate those concerns by promising not to sentence Trump to jail time on presidential immunity grounds is also a non-starter, Blanche and Bove wrote. The immunity statute requires dropping the case, not merely limiting sentencing options, they argued. Blanche and Bove, both of whom Trump has tabbed for high-ranking Justice Department positions, expressed outrage at the prosecution’s novel suggestion that Merchan borrow from Alabama and other states and treat the case as if Trump had died. Blanche and Bove accused prosecutors of ignoring New York precedent and attempting to “fabricate” a solution “based on an extremely troubling and irresponsible analogy between President Trump” who survived assassination attempts in Pennsylvania in July and Florida in September “and a hypothetical dead defendant.” Such an option normally comes into play when a defendant dies after being convicted but before appeals are exhausted. It is unclear whether it is viable under New York law, but prosecutors suggested that Merchan could innovate in what’s already a unique case. “This remedy would prevent defendant from being burdened during his presidency by an ongoing criminal proceeding,” prosecutors wrote in their filing this week. But at the same time, it wouldn’t “precipitously discard” the “meaningful fact that defendant was indicted and found guilty by a jury of his peers.” Prosecutors acknowledged that “presidential immunity requires accommodation” during Trump’s impending return to the White House but argued that his election to a second term should not upend the jury’s verdict, which came when he was out of office. Longstanding Justice Department policy says sitting presidents cannot face criminal prosecution . Other world leaders don’t enjoy the same protection. For example, Israeli Prime Minister Benjamin Netanyahu is on trial on corruption charges even as he leads that nation’s wars in Lebanon and Gaza . Trump has been fighting for months to reverse his May 30 conviction on 34 counts of falsifying business records . Prosecutors said he fudged the documents to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier, which Trump denies. In their filing Friday, Trump’s lawyers citing a social media post in which Sen. John Fetterman used profane language to criticize Trump’s hush money prosecution. The Pennsylvania Democrat suggested that Trump deserved a pardon, comparing his case to that of President Joe Biden’s pardoned son Hunter Biden, who had been convicted of tax and gun charges . “Weaponizing the judiciary for blatant, partisan gain diminishes the collective faith in our institutions and sows further division,” Fetterman wrote Wednesday on Truth Social. Trump’s hush money conviction was in state court, meaning a presidential pardon — issued by Biden or himself when he takes office — would not apply to the case. Presidential pardons only apply to federal crimes. Since the election, special counsel Jack Smith has ended his two federal cases , which pertained to Trump’s efforts to overturn his 2020 election loss and allegations that he hoarded classified documents at his Mar-a-Lago estate. A separate state election interference case in Fulton County, Georgia, is largely on hold. Trump denies wrongdoing in all. Trump had been scheduled for sentencing in the hush money case in late November. But following Trump’s Nov. 5 election victory, Merchan halted proceedings and indefinitely postponed the former and future president’s sentencing so the defense and prosecution could weigh in on the future of the case. Merchan also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. A dismissal would erase Trump’s conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office.
Corporate E-Learning Market: From $244.3B in 2022 to $796.96B by 2031 12-05-2024 09:10 PM CET | IT, New Media & Software Press release from: SkyQuest Technology Corporate E-Learning Market Scope: Key Insights : Corporate E-Learning Market size was valued at USD 244.30 billion in 2022 and is poised to grow from USD 278.60 billion in 2023 to USD 796.96 billion by 2031, at a CAGR of 14.04% during the forecast period (2024-2031). Discover Your Competitive Edge with a Free Sample Report : https://www.skyquestt.com/sample-request/corporate-elearning-market Access the full 2024 Market report for a comprehensive understanding @ https://www.skyquestt.com/report/corporate-elearning-market In-Depth Exploration of the global Corporate E-Learning Market: This report offers a thorough exploration of the global Corporate E-Learning market, presenting a wealth of data that has been meticulously researched and analyzed. It identifies and examines the crucial market drivers, including pricing strategies, competitive landscapes, market dynamics, and regional growth trends. By outlining how these factors impact overall market performance, the report provides invaluable insights for stakeholders looking to navigate this complex terrain. Additionally, it features comprehensive profiles of leading market players, detailing essential metrics such as production capabilities, revenue streams, market value, volume, market share, and anticipated growth rates. This report serves as a vital resource for businesses seeking to make informed decisions in a rapidly evolving market. Trends and Insights Leading to Growth Opportunities The best insights for investment decisions stem from understanding major market trends, which simplify the decision-making process for potential investors. The research strives to discover multiple growth opportunities that readers can evaluate and potentially capitalize on, armed with all relevant data. Through a comprehensive assessment of important growth factors, including pricing, production, profit margins, and the value chain, market growth can be more accurately forecast for the upcoming years. Top Firms Evaluated in the Global Corporate E-Learning Market Research Report: Adobe Inc. (United States) Cegos Group (France) Cornerstone OnDemand, Inc. (United States) CrossKnowledge Group (France) D2L Corporation (Canada) Docebo Inc. (Canada) IBM Corporation (United States) iSpring Solutions Inc. (United States) Learning Technologies Group plc (United Kingdom) Key Aspects of the Report: Market Summary: The report includes an overview of products/services, emphasizing the global Corporate E-Learning market's overall size. It provides a summary of the segmentation analysis, focusing on product/service types, applications, and regional categories, along with revenue and sales forecasts. Competitive Analysis: This segment presents information on market trends and conditions, analyzing various manufacturers. It includes data regarding average prices, as well as revenue and sales distributions for individual players in the market. Business Profiles: This chapter provides a thorough examination of the financial and strategic data for leading players in the global Corporate E-Learning market, covering product/service descriptions, portfolios, geographic reach, and revenue divisions. Sales Analysis by Region: This section provides data on market performance, detailing revenue, sales, and market share across regions. It also includes projections for sales growth rates and pricing strategies for each regional market, such as: North America: United States, Canada, and Mexico Europe: Germany, France, UK, Russia, and Italy Asia-Pacific: China, Japan, Korea, India, and Southeast Asia South America: Brazil, Argentina, Colombia, etc. Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, and South Africa This in-depth research study has the capability to tackle a range of significant questions that are pivotal for understanding the market dynamics, and it specifically aims to answer the following key inquiries: How big could the global Corporate E-Learning market become by the end of the forecast period? Let's explore the exciting possibilities! Will the current market leader in the global Corporate E-Learning segment continue to hold its ground, or is change on the horizon? Which regions are poised to experience the most explosive growth in the Corporate E-Learning market? Discover where the future opportunities lie! Is there a particular player that stands out as the dominant force in the global Corporate E-Learning market? Let's find out who's leading the charge! What are the key factors driving growth and the challenges holding back the global Corporate E-Learning market? Join us as we uncover the forces at play! To establish the important thing traits, Ask Our Experts @ https://www.skyquestt.com/speak-with-analyst/corporate-elearning-market Table of Contents Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.5 Market Size Analysis from 2023 to 2030 11.6 COVID-19 Outbreak: Medical Computer Cart Industry Impact Chapter 2 Competition by Types, Applications, and Top Regions and Countries 2.1 Market (Volume and Value) by Type 2.3 Market (Volume and Value) by Regions Chapter 3 Production Market Analysis 3.1 Worldwide Production Market Analysis 3.2 Regional Production Market Analysis Chapter 4 Medical Computer Cart Sales, Consumption, Export, Import by Regions (2023-2023) Chapter 5 North America Market Analysis Chapter 6 East Asia Market Analysis Chapter 7 Europe Market Analysis Chapter 8 South Asia Market Analysis Chapter 9 Southeast Asia Market Analysis Chapter 10 Middle East Market Analysis Chapter 11 Africa Market Analysis Chapter 12 Oceania Market Analysis Chapter 13 Latin America Market Analysis Chapter 14 Company Profiles and Key Figures in Medical Computer Cart Business Chapter 15 Market Forecast (2023-2030) Chapter 16 Conclusions Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 351-333-4748 Email: sales@skyquestt.com About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. This release was published on openPR.HOUSTON--(BUSINESS WIRE)--Dec 5, 2024-- Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for the fourth quarter ended October 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241205728686/en/ “HPE delivered an exceptional fourth quarter with record quarterly revenue, capping off a strong FY 2024. We exceeded our full-year commitments for revenue, EPS, and free cash flow,” said Antonio Neri, president and CEO of Hewlett Packard Enterprise. “Our differentiated portfolio across hybrid cloud, AI, and networking, which will be further enhanced with the pending Juniper Networks acquisition, positions us well to capitalize on the market opportunity, accelerating value for our shareholders.” “Our exceptional revenue, profitability, and higher-than-expected free cash flow this fiscal year reflect disciplined execution and improving customer demand across our portfolio,” said Marie Myers, executive vice president and CFO of Hewlett Packard Enterprise. “We are pleased to have exceeded our commitments and look forward to the opportunities ahead in fiscal year 2025.” Fourth Quarter Fiscal 2024 Financial Results Fourth Quarter Fiscal 2024 Segment Results Dividend The HPE Board of Directors declared a regular cash dividend of $0.13 per share on the company’s common stock, payable on January 16, 2025, to stockholders of record as of the close of business on December 20, 2024. Fiscal 2025 First Quarter Outlook HPE estimates revenue to grow by mid-teens percent when compared to revenue for the prior-year period. HPE estimates GAAP diluted net EPS to be in the range of $0.31 to $0.36 and non-GAAP diluted net EPS (1) to be in the range of $0.47 to $0.52. Fiscal 2025 first quarter non-GAAP diluted net EPS excludes net after-tax adjustments of $0.16 per diluted share primarily related to stock-based compensation, acquisition, disposition and other related charges and amortization of intangible assets. Juniper Networks Pending Transaction Update HPE’s pending acquisition of Juniper Networks, Inc. has received approval from key jurisdictions including the European Union, United Kingdom, India, South Korea, and Australia, among others. HPE and Juniper Networks are cooperatively engaged with the U.S. Department of Justice as the agency continues to review the transaction into the new calendar year. HPE and Juniper expect that the transaction will close in the early part of 2025 — within the previously stated timeframe. 1 A description of HPE’s use of non-GAAP financial information is provided below under “Use of non-GAAP financial information and key performance metrics.” 2 Annualized Revenue Run-Rate (“ARR”) is a financial metric used to assess the growth of the Consumption Services offerings. ARR represents the annualized revenue of all net HPE GreenLake cloud services revenue, related financial services revenue (which includes rental income from operating leases and interest income from finance leases), and software-as-a-Service, software consumption revenue, and other as-a-Service offerings, recognized during a quarter and multiplied by four. We use ARR as a performance metric. ARR should be viewed independently of net revenue and is not intended to be combined with it. 3 Free cash flow represents cash flow from operations, less net capital expenditures (investments in property, plant & equipment (“PP&E”) and software assets less proceeds from the sale of PP&E), and adjusted for the effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash. About Hewlett Packard Enterprise Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions as a service. With offerings spanning Cloud Services, Server, Intelligent Edge, Software, and Hybrid Cloud, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com . Use of non-GAAP financial information and key performance metrics To supplement Hewlett Packard Enterprise’s condensed consolidated financial statement information presented on a generally accepted accounting principles (“GAAP”) basis, Hewlett Packard Enterprise provides financial measures, including revenue on a constant currency basis (including at the business segment level), non-GAAP gross profit, non-GAAP gross profit margin, non-GAAP operating profit (non-GAAP earnings from operations), non-GAAP operating profit margin (non-GAAP earnings from operations as a percentage of net revenue), non-GAAP income tax rate, non-GAAP net earnings, non-GAAP diluted net earnings per share and free cash flow (“FCF”). Hewlett Packard Enterprise also provides forecasts of revenue growth on a constant currency basis, non-GAAP diluted net earnings per share, non-GAAP operating profit growth, and FCF. Reconciliations of each of these non-GAAP financial measures to their most directly comparable GAAP measures for this quarter and prior periods are included in the tables below or elsewhere in the materials accompanying this news release. In addition an explanation of the ways in which Hewlett Packard Enterprise’s management uses these non-GAAP measures to evaluate its business, the substance behind Hewlett Packard Enterprise’s decision to use these non-GAAP measures, the material limitations associated with the use of these non-GAAP measures, the manner in which Hewlett Packard Enterprise’s management compensates for those limitations, and the substantive reasons why Hewlett Packard Enterprise’s management believes that these non-GAAP measures provide supplemental useful information to investors is included further below. This additional non-GAAP financial information is not meant to be considered in isolation or as a substitute for revenue, gross profit, gross profit margin, operating profit (earnings from operations), operating profit margin (earnings from operations as a percentage of net revenue), net earnings, diluted net earnings per share, and cash flow from operations prepared in accordance with GAAP. In addition to the supplemental non-GAAP financial information, Hewlett Packard Enterprise also presents annualized revenue run-rate (“ARR”) as performance metric. ARR is a financial metric used to assess the growth of the Consumption Services offerings. ARR represents the annualized revenue of all net HPE GreenLake cloud services revenue, related financial services revenue (which includes rental income for operating leases and interest income from finance leases), and software-as-a-service (“SaaS”), software consumption revenue, and other as-a-service offerings, recognized during a quarter and multiplied by four. ARR should be viewed independently of net revenue and deferred revenue and are not intended to be combined with any of these items. Forward-looking statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties, and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise and its consolidated subsidiaries (“Hewlett Packard Enterprise”) may differ materially from those expressed or implied by such forward-looking statements and assumptions. The words “believe”, “expect”, “anticipate”, "guide", “optimistic”, “intend”, “aim”, “will”, "estimates", “may”, “could”, “should” and similar expressions are intended to identify such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections, estimations, or expectations of addressable markets and their sizes, revenue (including annualized revenue run rate), margins, expenses (including stock-based compensation expenses), investments, effective tax rates, interest rates, the impact of tax law changes and related guidance and regulations, net earnings, net earnings per share, cash flows, liquidity and capital resources, inventory, order backlog, share repurchases, currency exchange rates, repayments of debts (including our asset-backed debt securities), or other financial items; recent amendments to accounting guidance and any related potential impacts on our financial reporting; any projections or estimations of future orders, including as-a-service orders; any statements of the plans, strategies, and objectives of management for future operations, as well as the execution and consummation of corporate transactions or contemplated acquisitions (including our proposed acquisition of Juniper Networks, Inc.) and dispositions (including disposition of our H3C shares and the receipt of proceeds therefrom), research and development expenditures, and any resulting benefit, cost savings, charges, or revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements concerning technological and market trends, the pace of technological innovation, and adoption of new technologies, including artificial intelligence-related and other products and services offered by Hewlett Packard Enterprise; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on Hewlett Packard Enterprise and our financial performance and our actions to mitigate such impacts to our business; any statements regarding future regulatory trends and the resulting legal and reputational exposure, including but not limited to those relating to environmental, social, and governance, cybersecurity, data privacy, and artificial intelligence issues, among others; any statements regarding pending investigations, claims, or disputes; any statements of expectation or belief, including those relating to future guidance and the financial performance of Hewlett Packard Enterprise; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties, and assumptions include the need to address the many challenges facing Hewlett Packard Enterprise’s businesses; the competitive pressures faced by Hewlett Packard Enterprise’s businesses; risks associated with executing Hewlett Packard Enterprise’s strategy; the impact of macroeconomic and geopolitical trends and events, including but not limited to heightened global trade restrictions, the use and development of artificial intelligence, the inflationary environment (though easing), the ongoing conflicts between Russia and Ukraine and in the Middle East, and the relationship between China and the U.S.; the need to effectively manage third-party suppliers and distribute Hewlett Packard Enterprise’s products and services; the protection of Hewlett Packard Enterprise’s intellectual property assets, including intellectual property licensed from third parties and intellectual property shared with its former parent; risks associated with Hewlett Packard Enterprise’s international operations (including from public health crises, such as pandemics or epidemics, and geopolitical events, such as those mentioned above); the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution of Hewlett Packard Enterprise's transformation and mix shift of its portfolio of offerings, the execution and performance of contracts by Hewlett Packard Enterprise and its suppliers, customers, clients, and partners, including any impact thereon resulting from macroeconomic or geopolitical events such as those mentioned above; the prospect of a shutdown of the U.S. federal government; the hiring and retention of key employees; the execution, consummation, integration, and other risks associated with business combination, disposition, and investment transactions, including but not limited to the risks associated with the disposition of H3C shares and the receipt of proceeds therefrom and completion of our proposed acquisition of Juniper Networks, Inc. and our ability to integrate and implement our plans, forecasts, and other expectations with respect to the consolidated business; the impact of changes to privacy, cybersecurity, environmental, global trade, and other governmental regulations; changes in our product, lease, intellectual property, or real estate portfolio; the payment or non-payment of a dividend for any period; the efficacy of using non-GAAP, rather than GAAP, financial measures in business projections and planning; the judgments required in connection with determining revenue recognition; impact of company policies and related compliance; utility of segment realignments; allowances for recovery of receivables and warranty obligations; provisions for, and resolution of pending investigations, claims, and disputes; the impacts of tax law changes and related guidance or regulations; and other risks that are described in Hewlett Packard Enterprise’s Annual Report on Form 10-K for the fiscal year ended October 31, 2023, subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and in other filings made by Hewlett Packard Enterprise from time to time with the Securities and Exchange Commission. As in prior periods, the financial information set forth in this press release, including tax-related items, reflects estimates based on information available at this time. While Hewlett Packard Enterprise believes these estimates to be reasonable, these amounts could differ materially from reported amounts in the filings made by Hewlett Packard Enterprise from time to time with the Securities and Exchange Commission. Hewlett Packard Enterprise assumes no obligation and does not intend to update these forward-looking statements, except as required by applicable law. HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Condensed Consolidated Statements of Earnings (Unaudited) For the three months ended October 31, 2024 July 31, 2024 October 31, 2023 In millions, except per share amounts Net revenue $ 8,458 $ 7,710 $ 7,351 Costs and Expenses: Cost of sales (exclusive of amortization shown separately below) 5,852 5,271 4,792 Research and development 527 547 578 Selling, general and administrative 1,211 1,229 1,332 Amortization of intangible assets 69 60 72 Transformation costs 26 14 56 Disaster charges (recovery) 2 5 (4 ) Acquisition, disposition and other related charges 78 37 18 Total costs and expenses 7,765 7,163 6,844 Earnings from operations 693 547 507 Interest and other, net (1) 5 (12 ) (23 ) Gain on sale of equity interest 733 — — (Loss) earnings from equity interests (14 ) 73 65 Earnings before provision for taxes 1,417 608 549 (Provision) benefit for taxes (51 ) (96 ) 93 Net earnings attributable to HPE 1,366 512 642 Preferred stock dividends (25 ) — — Net earnings attributable to common stockholders $ 1,341 $ 512 $ 642 Net Earnings Per Share Attributable to Common Stockholders: Basic $ 1.02 $ 0.39 $ 0.50 Diluted 0.99 0.38 0.49 Cash dividends declared per share 0.13 0.13 0.12 Cash dividends accrued per preferred share $ 0.83 $ — $ — Weighted-average Shares Used to Compute Net Earnings Per Share: Basic 1,312 1,312 1,295 Diluted 1,375 1,332 1,315 HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Condensed Consolidated Statements of Earnings Year Ended October 31, 2024 October 31, 2023 (Unaudited) (Audited) In millions, except per share amounts Net revenue $ 30,127 $ 29,135 Costs and Expenses: Cost of sales (exclusive of amortization shown separately below) 20,249 18,896 Research and development 2,246 2,349 Selling, general and administrative 4,871 5,160 Amortization of intangible assets 267 288 Transformation costs 93 283 Disaster charges 7 1 Acquisition, disposition and other related charges 204 69 Total costs and expenses 27,937 27,046 Earnings from operations 2,190 2,089 Interest and other, net (1) (117 ) (104 ) Gain on sale of equity interest 733 — Earnings from equity interests 147 245 Earnings before provision for taxes 2,953 2,230 Provision for taxes (374 ) (205 ) Net earnings attributable to HPE 2,579 2,025 Preferred stock dividends (25 ) — Net earnings attributable to common stockholders $ 2,554 $ 2,025 Net Earnings Per Share Per Share Attributable to Common Stockholders: Basic $ 1.95 $ 1.56 Diluted 1.93 1.54 Cash dividends declared per share 0.52 0.48 Cash dividends accrued per preferred share $ 0.83 $ — Weighted-average Shares Used to Compute Net Earnings Per Share: Basic 1,309 1,299 Diluted 1,337 1,316 HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Reconciliation of GAAP to Non-GAAP measures (Unaudited) For the three months ended October 31, 2024 July 31, 2024 October 31, 2023 Dollars in millions GAAP net revenue $ 8,458 $ 7,710 $ 7,351 GAAP cost of sales 5,852 5,271 4,792 GAAP gross profit 2,606 2,439 2,559 Non-GAAP Adjustments Stock-based compensation expense 10 9 9 Disaster recovery (4 ) (7 ) (10 ) Divestiture related exit costs — 9 — Non-GAAP gross profit $ 2,612 $ 2,450 $ 2,558 GAAP gross profit margin 30.8 % 31.6 % 34.8 % Non-GAAP adjustments 0.1 % 0.2 % — % Non-GAAP gross profit margin 30.9 % 31.8 % 34.8 % Year Ended October 31, 2024 October 31, 2023 Dollars in millions GAAP net revenue $ 30,127 $ 29,135 GAAP cost of sales 20,249 18,896 GAAP gross profit 9,878 10,239 Non-GAAP Adjustments Stock-based compensation expense 49 47 Disaster recovery (43 ) (13 ) Divestiture related exit costs 9 — Non-GAAP gross profit $ 9,893 $ 10,273 GAAP gross profit margin 32.8 % 35.1 % Non-GAAP adjustments — % 0.2 % Non-GAAP gross profit margin 32.8 % 35.3 % HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Reconciliation of GAAP to Non-GAAP measures (Unaudited) For the three months ended October 31, 2024 July 31, 2024 October 31, 2023 Dollars in millions GAAP earnings from operations $ 693 $ 547 $ 507 Non-GAAP Adjustments Amortization of intangible assets 69 60 72 Transformation costs 26 14 56 Disaster recovery (17 ) (2 ) (14 ) Stock-based compensation expense 89 80 71 Divestiture related exit costs — 35 — Acquisition, disposition and other related charges 78 37 18 Non-GAAP earnings from operations $ 938 $ 771 $ 710 GAAP operating profit margin 8.2 % 7.1 % 6.9 % Non-GAAP adjustments 2.9 % 2.9 % 2.8 % Non-GAAP operating profit margin 11.1 % 10.0 % 9.7 % Year Ended October 31, 2024 October 31, 2023 Dollars in millions GAAP earnings from operations $ 2,190 $ 2,089 Non-GAAP Adjustments Amortization of intangible assets 267 288 Transformation costs 93 283 Disaster recovery (51 ) (12 ) Stock-based compensation expense 430 428 Divestiture related exit costs 35 — Acquisition, disposition and other related charges 204 69 Non-GAAP earnings from operations $ 3,168 $ 3,145 GAAP operating profit margin 7.3 % 7.2 % Non-GAAP adjustments 3.2 % 3.6 % Non-GAAP operating profit margin 10.5 % 10.8 % HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Reconciliation of GAAP to Non-GAAP measures (Unaudited) For the three months ended October 31, 2024 Diluted net earnings per share July 31, 2024 Diluted net earnings per share October 31, 2023 Diluted net earnings per share Dollars in millions, except per share amounts GAAP net earnings attributable to HPE $ 1,366 $ 0.99 $ 512 $ 0.38 $ 642 $ 0.49 Non-GAAP Adjustments: Amortization of intangible assets 69 0.05 60 0.05 72 0.05 Transformation costs 26 0.02 14 0.01 56 0.05 Disaster recovery (17 ) (0.02 ) (2 ) — (14 ) (0.01 ) Stock-based compensation expense 89 0.06 80 0.06 71 0.05 Divestiture related exit costs — — 35 — — — Acquisition, disposition and other related charges 78 0.06 37 0.03 18 0.01 Gain on sale of equity interest (733 ) (0.53 ) — — — — Adjustments for equity interests 25 0.02 (44 ) (0.04 ) 2 — (Gain) loss on equity investments, net (34 ) (0.02 ) (14 ) (0.01 ) 40 0.03 Adjustments for taxes (89 ) (0.06 ) (21 ) (0.01 ) (203 ) (0.15 ) Other adjustments (2) 15 0.01 4 — (4 ) — Non-GAAP net earnings attributable to HPE (3) 795 0.58 661 0.50 680 0.52 Preferred stock dividends (25 ) — — Non-GAAP net earnings attributable to common stockholders $ 770 $ 661 $ 680 Year Ended October 31, 2024 Diluted net earnings per share October 31, 2023 Diluted net earnings per share Dollars in millions, except per share amounts GAAP net earnings attributable to HPE $ 2,579 $ 1.93 $ 2,025 $ 1.54 Non-GAAP Adjustments: Amortization of intangible assets 267 0.20 288 0.22 Transformation costs 93 0.07 283 0.22 Disaster recovery (51 ) (0.04 ) (12 ) (0.01 ) Stock-based compensation expense 430 0.32 428 0.33 Divestiture related exit costs 35 0.03 — — Acquisition, disposition and other related charges 204 0.16 69 0.05 Gain on sale of equity interest (733 ) (0.55 ) — — Adjustments for equity interests (107 ) (0.08 ) 18 0.01 Loss on equity investments, net 13 0.01 40 0.03 Adjustments for taxes (95 ) (0.07 ) (255 ) (0.20 ) Other adjustments (2) 20 0.01 (52 ) (0.04 ) Non-GAAP net earnings attributable to HPE (3) 2,655 1.99 2,832 2.15 Preferred stock dividends (25 ) — Non-GAAP net earnings attributable to common stockholders $ 2,630 $ 2,832 HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Reconciliation of GAAP to Non-GAAP measures (Unaudited) For the three months ended October 31, 2024 July 31, 2024 October 31, 2023 In millions Net cash provided by operating activities $ 2,030 $ 1,154 $ 2,843 Investment in property, plant and equipment and software assets (608 ) (543 ) (675 ) Proceeds from sale of property, plant and equipment 90 62 255 Effect of exchange rate changes on cash, cash equivalents, and restricted cash (12 ) (4 ) (102 ) Free cash flow $ 1,500 $ 669 $ 2,321 Year Ended October 31, 2024 October 31, 2023 In millions Net cash provided by operating activities $ 4,341 $ 4,428 Investment in property, plant and equipment and software assets (2,367 ) (2,828 ) Proceeds from sale of property, plant and equipment 370 602 Effect of exchange rate changes on cash, cash equivalents, and restricted cash (47 ) 36 Free cash flow $ 2,297 $ 2,238 HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Condensed Consolidated Balance Sheets As of October 31, 2024 October 31, 2023 (Unaudited) (Audited) In millions, except par value ASSETS Current Assets: Cash and cash equivalents $ 14,846 $ 4,270 Accounts receivable, net of allowances 3,550 3,481 Financing receivables, net of allowances 3,870 3,543 Inventory 7,810 4,607 Assets held for sale 1 — Other current assets 3,380 3,047 Total current assets 33,457 18,948 Property, plant and equipment, net 5,664 5,989 Long-term financing receivables and other assets 12,616 11,377 Investments in equity interests 929 2,197 Goodwill and intangible assets 18,596 18,642 Total assets $ 71,262 $ 57,153 LIABILITIES AND STOCKHOLDERS’ EQUITY Current Liabilities: Notes payable and short-term borrowings $ 4,742 $ 4,868 Accounts payable 11,064 7,136 Employee compensation and benefits 1,356 1,724 Taxes on earnings 284 155 Deferred revenue 3,904 3,658 Accrued restructuring 61 180 Liabilities held for sale 32 — Other accrued liabilities 4,530 4,161 Total current liabilities 25,973 21,882 Long-term debt 13,504 7,487 Other non-current liabilities 6,905 6,546 Commitments and Contingencies Stockholders’ Equity HPE stockholders' Equity: 7.625% Series C mandatory convertible preferred stock, $0.01 par value (30 shares issued and outstanding as of October 31, 2024) — — Common stock, $0.01 par value (9,600 shares authorized; 1,297 and 1,283 shares issued and outstanding as of October 31, 2024 and October 31, 2023, respectively) 13 13 Additional paid-in capital 29,848 28,199 Accumulated deficit (2,068 ) (3,946 ) Accumulated other comprehensive loss (2,977 ) (3,084 ) Total HPE stockholders’ equity 24,816 21,182 Non-controlling interests 64 56 Total stockholders’ equity 24,880 21,238 Total liabilities and stockholders’ equity $ 71,262 $ 57,153 HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Condensed Consolidated Statements of Cash Flows Year Ended October 31, 2024 October 31, 2023 (Unaudited) (Audited) In millions Cash Flows from Operating Activities: Net earnings attributable to HPE $ 2,579 $ 2,025 Adjustments to Reconcile Net Earnings Attributable to HPE to Net Cash Provided by Operating Activities: Depreciation and amortization 2,564 2,616 Stock-based compensation expense 430 428 Provision for inventory and credit losses 175 230 Restructuring charges 33 242 Deferred taxes on earnings (64 ) (67 ) Earnings from equity interests (147 ) (245 ) Gain on sale of equity interest (733 ) — Dividends received from equity investees 43 200 Other, net 149 31 Changes in Operating Assets and Liabilities, Net of Acquisitions: Accounts receivable (83 ) 577 Financing receivables (909 ) (607 ) Inventory (3,358 ) 400 Accounts payable 3,927 (1,655 ) Taxes on earnings 190 (34 ) Restructuring (164 ) (275 ) Other assets and liabilities (291 ) 562 Net cash provided by operating activities 4,341 4,428 Cash Flows from Investing Activities: Investment in property, plant and equipment and software assets (2,367 ) (2,828 ) Proceeds from sale of property, plant and equipment 370 602 Purchases of investments (16 ) (15 ) Proceeds from maturities and sales of investments 2,149 9 Financial collateral posted (1,020 ) (1,443 ) Financial collateral received 978 1,152 Payments made in connection with business acquisitions, net of cash acquired (147 ) (761 ) Net cash used in investing activities (53 ) (3,284 ) Cash Flows from Financing Activities: Short-term borrowings with original maturities less than 90 days, net (31 ) (47 ) Proceeds from debt, net of issuance costs 11,245 4,725 Payment of debt (5,475 ) (4,887 ) Cash settlement for derivative hedging debt — (7 ) Net payments related to stock-based award activities (84 ) (106 ) Proceeds from issuance of 7.625% Series C mandatory convertible preferred stock, net of issuance costs 1,462 — Repurchase of common stock (150 ) (421 ) Cash dividends paid to non-controlling interests, net of contributions (8 ) — Cash dividends paid to shareholders (676 ) (619 ) Net cash provided by (used in) financing activities 6,283 (1,362 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash (47 ) 36 Change in cash, cash equivalents and restricted cash 10,524 (182 ) Cash, cash equivalents and restricted cash at beginning of period 4,581 4,763 Cash, cash equivalents and restricted cash at end of period $ 15,105 $ 4,581 HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Segment Information (Unaudited) For the three months ended October 31, 2024 July 31, 2024 October 31, 2023 In millions Net Revenue: Server (4) $ 4,706 $ 4,280 $ 3,574 Hybrid Cloud (4) 1,582 1,300 1,341 Intelligent Edge (4) 1,124 1,121 1,410 Financial Services 893 879 876 Corporate Investments and other (4) 262 262 263 Total segment net revenue 8,567 7,842 7,464 Elimination of intersegment net revenue (109 ) (132 ) (113 ) Total consolidated net revenue $ 8,458 $ 7,710 $ 7,351 Earnings Before Taxes (4): Server $ 545 $ 464 $ 360 Hybrid Cloud 122 66 51 Intelligent Edge 274 251 382 Financial Services 82 79 70 Corporate Investments and other (2 ) (4 ) (16 ) Total segment earnings from operations 1,021 856 847 Unallocated corporate costs and eliminations (83 ) (85 ) (137 ) Stock-based compensation expense (89 ) (80 ) (71 ) Amortization of intangible assets (69 ) (60 ) (72 ) Transformation costs (26 ) (14 ) (56 ) Disaster recovery 17 2 14 Divestiture related exit costs — (35 ) — Acquisition, disposition and other related charges (78 ) (37 ) (18 ) Interest and other, net (1) 5 (12 ) (23 ) Gain on sale of equity interest 733 — — (Loss) earnings from equity interests (14 ) 73 65 Total pretax earnings $ 1,417 $ 608 $ 549 HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Segment Information (Unaudited) Year Ended October 31, 2024 October 31, 2023 In millions Net Revenue: Server (4) $ 16,205 $ 14,361 Hybrid Cloud (4) 5,386 5,493 Intelligent Edge (4) 4,532 5,379 Financial Services 3,512 3,480 Corporate Investments and other (4) 1,014 985 Total segment net revenue 30,649 29,698 Elimination of intersegment net revenue (522 ) (563 ) Total consolidated net revenue $ 30,127 $ 29,135 Earnings Before Taxes (4): Server $ 1,818 $ 1,830 Hybrid Cloud 245 232 Intelligent Edge 1,115 1,343 Financial Services 316 281 Corporate Investments and other (25 ) (77 ) Total segment earnings from operations 3,469 3,609 Unallocated corporate costs and eliminations (301 ) (464 ) Stock-based compensation expense (430 ) (428 ) Amortization of intangible assets (267 ) (288 ) Transformation costs (93 ) (283 ) Disaster recovery 51 12 Divestiture related exit costs (35 ) — Acquisition, disposition and other related charges (204 ) (69 ) Interest and other, net (1) (117 ) (104 ) Gain on sale of equity interest 733 — Earnings from equity interests 147 245 Total consolidated earnings before taxes $ 2,953 $ 2,230 HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Segment Information (Unaudited) For the three months ended Change (%) October 31, 2024 July 31, 2024 October 31, 2023 Q/Q Y/Y Dollars in millions Net Revenue: Server (4) $ 4,706 $ 4,280 $ 3,574 10% 32% Hybrid Cloud (4) 1,582 1,300 1,341 22 18 Intelligent Edge (4) 1,124 1,121 1,410 — (20) Financial Services 893 879 876 2 2 Corporate Investments and other (4) 262 262 263 — — Total segment net revenue 8,567 7,842 7,464 9 15 Elimination of intersegment net revenue (109 ) (132 ) (113 ) (17) (4) Total consolidated net revenue $ 8,458 $ 7,710 $ 7,351 10% 15% Year Ended October 31, 2024 October 31, 2023 Y/Y Dollars in millions Net Revenue: Server (4) $ 16,205 $ 14,361 13% Hybrid Cloud (4) 5,386 5,493 (2) Intelligent Edge (4) 4,532 5,379 (16) Financial Services 3,512 3,480 1 Corporate Investments and other (4) 1,014 985 3 Total segment net revenue 30,649 29,698 3 Elimination of intersegment net revenue (522 ) (563 ) (7) Total consolidated net revenue $ 30,127 $ 29,135 3% HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Segment Operating Margin Summary Data (Unaudited) For the three months ended Change in operating profit margin (pts) October 31, 2024 July 31, 2024 October 31, 2023 Q/Q Y/Y Segment Operating Profit Margin (4): Server 11.6 % 10.8 % 10.1 % 0.8 1.5 Hybrid Cloud 7.7 % 5.1 % 3.8 % 2.6 3.9 Intelligent Edge 24.4 % 22.4 % 27.1 % 2.0 (2.7) Financial Services 9.2 % 9.0 % 8.0 % 0.2 1.2 Corporate Investments and other (0.8 %) (1.5 %) (6.1 %) 0.7 5.3 Total segment operating profit margin 11.9 % 10.9 % 11.3 % 1.0 0.6 Year Ended Change in operating profit margin (pts) October 31, 2024 October 31, 2023 Y/Y Segment Operating Profit Margin (4): Server 11.2 % 12.7 % (1.5) Hybrid Cloud 4.5 % 4.2 % 0.3 Intelligent Edge 24.6 % 25.0 % (0.4) Financial Services 9.0 % 8.1 % 0.9 Corporate Investments and other (2.5 %) (7.8 %) 5.3 Total segment operating profit margin 11.3 % 12.2 % (0.9) HEWLETT PACKARD ENTERPRISE COMPANY AND SUBSIDIARIES Calculation of Diluted Net Earnings Per Share (Unaudited) For the three months ended October 31, 2024 July 31, 2024 October 31, 2023 In millions, except per share amounts Numerator: GAAP net earnings attributable to common stockholders - Basic $ 1,341 $ 512 $ 642 Plus: 7.625% Series C mandatory convertible preferred stock dividends 25 — — GAAP net earnings attributable to HPE - Diluted $ 1,366 $ 512 $ 642 Non-GAAP net earnings attributable to common stockholders - Basic $ 770 $ 661 $ 680 Plus: 7.625% Series C mandatory convertible preferred stock dividends 25 — — Non-GAAP net earnings attributable to HPE - Diluted $ 795 $ 661 $ 680 Denominator: Weighted-average shares used to compute basic net earnings per share 1,312 1,312 1,295 Dilutive effect of employee stock plans 22 20 20 Dilutive effect of 7.625% Series C mandatory convertible preferred stock 41 — — Weighted-average shares used to compute diluted net earnings per share 1,375 1,332 1,315 GAAP Net Earnings Per Share Basic $ 1.02 $ 0.39 $ 0.50 Diluted (3) $ 0.99 $ 0.38 $ 0.49 Non-GAAP Net Earnings Per Share Basic $ 0.59 $ 0.50 $ 0.53 Diluted (3) $ 0.58 $ 0.50 $ 0.52 Year Ended October 31, 2024 October 31, 2023 In millions, except per share amounts Numerator: GAAP net earnings attributable to common stockholders - Basic $ 2,554 $ 2,025 Plus: 7.625% Series C mandatory convertible preferred stock dividends 25 — GAAP net earnings attributable to HPE - Diluted $ 2,579 $ 2,025 Non-GAAP net earnings attributable to common stockholders - Basic $ 2,630 $ 2,832 Plus: 7.625% Series C mandatory convertible preferred stock dividends 25 — Non-GAAP net earnings attributable to HPE - Diluted $ 2,655 $ 2,832 Denominator: Weighted-average shares used to compute basic net earnings per share 1,309 1,299 Dilutive effect of employee stock plans 18 17 Dilutive effect of 7.625% Series C mandatory convertible preferred stock 10 — Weighted-average shares used to compute diluted net earnings per share 1,337 1,316 GAAP Net Earnings Per Share Basic $ 1.95 $ 1.56 Diluted (3) $ 1.93 $ 1.54 Non-GAAP Net Earnings Per Share Basic $ 2.01 $ 2.18 Diluted (3) $ 1.99 $ 2.15 (1) Interest and other, net includes tax indemnification and other adjustments, cost, and interest and other, net. (2) Other adjustments includes non-service net periodic benefit cost and tax indemnification and other adjustments. (3) For purposes of calculating diluted net EPS, the preferred stock dividends are added back to the net earnings attributable to common stockholders and the diluted weighted average share calculation assumes the preferred stock was converted at issuance or as of the beginning of the reporting period. (4) As previously disclosed, effective as of the beginning of fiscal 2024, in order to align the segment financial reporting more closely with its business structure, the Company established two new reportable segments, Hybrid Cloud and Server. Hybrid Cloud includes the historical Storage segment, HPE GreenLake Flex Solutions (which provides flexible as-a-service IT infrastructure through the HPE GreenLake cloud and was previously reported under the Compute and the High Performance Computing & Artificial Intelligence ("HPC & AI") segments), Private Cloud, and Software (previously reported under the Corporate Investments and Other segment). The Server segment combines the previously separately reported Compute and HPC & AI segments, with adjustments for certain product lines that are now reported in Hybrid Cloud. Additionally, certain products and services previously reported in the financial results for the HPC & AI segment were moved to be reported in the Hybrid Cloud segment, and the Athonet business and certain components of the Communications and Media Solutions business, both previously reported in the financial results for Corporate Investments and Other, moved to be reported in the Intelligent Edge segment. As a result, the Company’s organizational structure for fiscal 2024 consisted of the following segments: (i) Server; (ii) Hybrid Cloud; (iii) Intelligent Edge; (iv) Financial Services; and (v) Corporate Investments and Other. The Company began reporting under this re-aligned segment structure beginning with the results of the first quarter of fiscal 2024. The Company has reflected these changes to its segment information retrospectively to the earliest period presented, which primarily resulted in the realignment of net revenue and operating profit for each of the segments as described above. These changes had no impact on Hewlett Packard Enterprise’s previously reported consolidated net revenue, net earnings, net earnings per share or total assets. Use of non-GAAP financial measures To supplement Hewlett Packard Enterprise’s condensed consolidated financial statement information presented on a GAAP basis, Hewlett Packard Enterprise provides non-GAAP financial measures including revenue on a constant currency basis (including at the business segment level), non-GAAP gross profit, non-GAAP gross profit margin, non-GAAP operating profit (non-GAAP earnings from operations), non-GAAP operating profit margin (non-GAAP earnings from operations as a percentage of net revenue), non-GAAP income tax rate, non-GAAP net earnings, non-GAAP diluted net earnings per share, and FCF. Hewlett Packard Enterprise also provides forecasts of revenue growth on a constant currency basis, non-GAAP diluted net earnings per share, non-GAAP operating profit growth, and FCF. These non-GAAP financial measures are not computed in accordance with, or as an alternative to, GAAP in the United States. The GAAP measure most directly comparable to net revenue on a constant currency basis is net revenue. The GAAP measure most directly comparable to non-GAAP gross profit is gross profit. The GAAP measure most directly comparable to non-GAAP gross profit margin is gross profit margin. The GAAP measure most directly comparable to non-GAAP operating profit (non-GAAP earnings from operations) is earnings from operations. The GAAP measure most directly comparable to non-GAAP operating profit margin (non-GAAP earnings from operations as a percentage of net revenue) is operating profit margin (earnings from operations as a percentage of net revenue). The GAAP measure most directly comparable to non-GAAP income tax rate is income tax rate. The GAAP measure most directly comparable to non-GAAP net earnings is net earnings. The GAAP measure most directly comparable to non-GAAP diluted net earnings per share is diluted net earnings per share. The GAAP measure most directly comparable to FCF is cash flow from operations. Reconciliations of each of these non-GAAP financial measures to their most directly comparable GAAP measures for this quarter and prior periods are included in the tables above or elsewhere in the materials accompanying this news release. Usefulness of non-GAAP financial measures to investors Hewlett Packard Enterprise believes that providing the non-GAAP financial measures stated above, in addition to the related GAAP measures provides investors with greater transparency to the information used by Hewlett Packard Enterprise’s management in its financial and operational decision making and allows investors to see Hewlett Packard Enterprise’s results “through the eyes” of management. Hewlett Packard Enterprise further believes that providing this information provides Hewlett Packard Enterprise’s investors with a supplemental view to understand the Company’s historical and prospective operating performance and to evaluate the efficacy of the methodology and information used by Hewlett Packard Enterprise’s management to evaluate and measure such performance. Disclosure of these non-GAAP financial measures also facilitates the comparisons of Hewlett Packard Enterprise’s operating performance with the performance of other companies in the same industry that supplement their GAAP results with non-GAAP financial measures that may be calculated in a similar manner. Economic substance of and material limitations associated with non-GAAP financial measures used by Hewlett Packard Enterprise Net revenue on a constant currency basis assumes no change to the foreign exchange rate utilized in the comparable prior-year period. This measure assists investors with evaluating the Company’s past and future performance, without the impact of foreign exchange rates, as more than half of our revenue is generated outside of the U.S. Non-GAAP gross profit and non-GAAP gross profit margin are defined to exclude charges related to the stock-based compensation expense, disaster recovery, and divestiture related exit costs. Non-GAAP operating profit (non-GAAP earnings from operations) and non-GAAP operating profit margin (non-GAAP earnings from operations as a percentage of net revenue) consist of earnings from operations or earnings from operations as a percentage of net revenue excluding the items mentioned above and charges relating to the amortization of intangible assets, transformation costs, and acquisition, disposition and other related charges. Non-GAAP net earnings and non-GAAP diluted net earnings per share consist of net earnings or diluted net earnings per share excluding the charges previously stated, as well as adjustments for equity interests, gain or loss on equity investments, other adjustments, and adjustments for taxes. The Adjustments for taxes line item includes certain income tax valuation allowances and separation taxes, the impact of tax reform, structural rate adjustment, excess tax benefit from stock-based compensation, and adjustments for additional taxes or tax benefits associated with each non-GAAP item. Hewlett Packard Enterprise believes that excluding the items mentioned above from the non-GAAP financial measures provides a supplemental view to management and investors of its consolidated financial performance and presents the financial results of the business without costs that Hewlett Packard Enterprise’s management does not believe to be reflective of ongoing operating results. Exclusion of these items can have a material impact on the equivalent GAAP measure and cash flows thus limiting their use as analytical tools. These limitations are discussed below or elsewhere in the materials accompanying this news release. More specifically, Hewlett Packard Enterprise’s management excludes each of those items mentioned above for the following reasons: Compensation for material limitations with use of non-GAAP financial measures These non-GAAP financial measures have limitations as analytical tools, and these measures should not be considered in isolation or as a substitute for analysis of Hewlett Packard Enterprise’s results as reported under GAAP. Some of the limitations in relying on these non-GAAP financial measures are that they can have a material impact on the equivalent GAAP earnings measures and cash flows, they may be calculated differently by other companies (limiting the usefulness of those measures for comparative purposes) and may not reflect the full economic effect of the loss in value of certain assets. Hewlett Packard Enterprise compensates for these limitations on the use of non-GAAP financial measures by relying primarily on its GAAP results and using non-GAAP financial measures only as a supplement. Hewlett Packard Enterprise also provides a reconciliation of each non-GAAP financial measure to its most directly comparable GAAP financial measure for this quarter and prior periods within this news release and in other written materials that include these non-GAAP financial measures, and Hewlett Packard Enterprise encourages investors to review those reconciliations carefully. View source version on businesswire.com : https://www.businesswire.com/news/home/20241205728686/en/ CONTACT: Media Contact: Laura Keller Laura.Keller@hpe.comInvestor Contact: Paul Glaser investor.relations@hpe.com KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY SOFTWARE ARTIFICIAL INTELLIGENCE INTERNET HARDWARE SOURCE: Hewlett Packard Enterprise Copyright Business Wire 2024. PUB: 12/05/2024 04:05 PM/DISC: 12/05/2024 04:05 PM http://www.businesswire.com/news/home/20241205728686/en