HP reports Q3 revenue up 12.5% YoY to $15.7B, PC revenue up 18% to $11.8B, but units down 16%, and Printing revenue down 2% to $3.9B; HPQ drops 9%+ after hours
HP Inc. shares fell after investors looked past a widely expected boost in the company's profit forecast and worried about future demand for computers and printers.
HP reports Q2 revenue up 9% YoY to $14.4B, above $14B est., Personal Systems revenue up 13% YoY to $10.2B, and forecasts Q3 adjusted EPS above estimates
HP Inc. gave a profit forecast for the current quarter that signaled the company continues to contend with a dramatic increase in memory chip prices.
HP reports Q2 revenue up 9% YoY to $14.4B, vs. $14B est., Personal Systems revenue up 13% to $10.2B, and forecasts Q3 adjusted EPS above estimates
HP Inc. gave a profit forecast for the current quarter that topped analysts' estimates, signaling that the company is weathering a dramatic increase in memory chip prices.
PayPal names HP CEO Enrique Lores as CEO, replacing Alex Chriss on March 1, and reports Q4 revenue up 4% YoY to $8.68B, below estimates; PYPL closes down 20.3%
PayPal Holdings Inc. said Chief Executive Officer Alex Chriss will be replaced by HP Inc. CEO Enrique Lores after profit and revenue fell short of expectations.
HP reports Q4 revenue down 11.2% YoY to $14.8B and Personal Systems revenue down 13% YoY to $10.3B, and forecasts a 10% drop in PC sales in FY 2023
HP Inc. said it will eliminate as many as 6,000 jobs over the next three years amid declining demand for personal computers that has cut into profits.
HP Inc. beats with Q1 revenue of $15.65B, up 7% YoY, and says its personal systems revenue was $10.6B, up 7% YoY, with consumer devices revenue up 34%
HP Inc. reports Q3 revenue of $14.3B, down 2.1% YoY, with notebook sales up 32% YoY but workstation revenue down 30% YoY and printing net revenue down 20% YoY
Stephanie Condon / ZDNet :
HP Inc. beats with Q4 revenue of $15.41B, up 0.3% YoY, says its personal systems business, which includes PCs, contributed $10.43B in revenue, up 4% YoY
Enrique Lores speaks at the HP Media Day at the 70th Cannes Film Festival at Majestic Barierre on May 22, 2017, in Cannes, France.
HP Inc. beats with Q3 revenue of $14.59B, up 12% YoY, and says its personal systems business, which includes notebooks and desktops, earned $9.4B, up 12% YoY
Jordan Novet / CNBC :
HP Inc. beats with Q2 revenue of $14B, up 13.1% YoY, and says its personal systems business, which includes notebooks and desktops, earned $8.76B, up 14.5% YoY
Munsif Vengattil / Reuters :