1254 ET - Hewlett Packard Enterprise CEO Antonio Neri went on CNBC Thursday to spin the company's disappointing outlook. The server and cloud-software company expects revenue to rise 5% to 10% in its coming fiscal year, down from a projected 14% to 16% increase this year. Neri argues, though, that this guidance is pro forma. "What that means," he says, is that the company "reset the baseline, based on the fact that we only include the four months of Juniper in our 2025 results. And so, we wanted to be very transparent of the fact that the growth rate will be in that, you know, high-single digits." Shares fall 11%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

October 16, 2025 12:54 ET (16:54 GMT)

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