HP holiday earnings chopped in half, CEO says 'we continue to see a slowdown' in PC sales

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

HP's stock rose slightly Tuesday after the PC maker reported a steep drop in revenue and GAAP earnings being cut in half during the holiday season.

HP Inc.’s stock rose slightly Tuesday after the personal-computer maker reported quarterly earnings that beat Wall Street estimates despite a steep drop in revenue and GAAP earnings being cut in half.

Net... HP Inc.’s stock rose slightly Tuesday after the personal-computer maker reported quarterly earnings that beat Wall Street estimates despite a steep drop in revenue and GAAP earnings being cut in half. Net revenue was $13.8 billion, down 19% from $17 billion a year ago. Analysts surveyed by FactSet had expected adjusted earnings of 74 cents a share on revenue of $14.1 billion.

Lores added that channel inventory has improved, and like other tech CEOs he expects sales to be stronger in the second half of the year.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares