HPE forecasts weak quarterly revenue

Dec 4 (Reuters) – Hewlett Packard ​Enterprise forecast ‌first-quarter revenue below ‌Wall Street estimates on Thursday, signaling ⁠cautious ‌enterprise spending.

The company expects ‍revenue in the range of $9 ​billion to $9.4 ‌billion for the quarter, compared with analysts’ average estimate ⁠of $9.90 billion ​according ​to data compiled by LSEG.

(Reporting ‍by ⁠Juby Babu in Mexico ⁠City; Editing by ‌Krishna Chandra ‌Eluri)