Wednesday, 24 February 2016

HP reports its first quarterly earnings since it split into two companies

HP Dion Weisler

HP Inc. just reported its first quarterly earnings since Hewlett-Packard split into two companies. 

This is the printer and PC part of HP that reports to CEO Dion Weisler. (The other company is now called Hewlett-Packard Enterprise and it is run by CEO Meg Whitman.)

HP reported:

Hewlett-Packard Reports Inline Q1 EPS $0.36, Sales $12.2B Vs Est $12.20B $HPQ

  • EPS of 36 cents, inline with analysts expectations. 
  • Revenue of $12.2 billion also inline with expectations of $12.2 billion.

SEE ALSO: US regulators have approved Dell's $67 billion purchase of EMC

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