HP Inc., CrowdStrike report earnings: Asking for a Trend

as adjusted earnings of $0.83 per share came in below Street estimates of $0.86, while revenue of $13.5 billion topped the expected $13.37 billion. HP Inc. CEO Enrique Lores joins Yahoo Finance Executive Editor

We seen companies are prioritizing other type of investment and therefore we haven't seen the growth in this space. And I do, I want to make clear this is not necessarily an HP thing here to all the out finance viewers listening to Enrique.We saw bare results I believe from Canon so HP uh by and large, I think outperformed some of those competitors, the margins in the opera, the operating margins in the printing business.

This is what we see internally and this is also the objective that we have taken for the company to transform what we call the future of work.And we think this is going to have implications for all, for all of us as knowledge workers because we will be able to dedicate our time to more value added activities and our equipment, our products, our solutions will help us to really make that possible.A as you look towards the back half of the year.

Um I, I, I've, I've said before, I do think though that, you know, depending on how this is handled at the customer level, this could be in the company's rearview mirror later this year. And so I do think as, as the customer as, as Crowdstrike has been working really around the clock with customers to get them back up.

Listen, it was, it was an um it was a tough situation for anyone and I think the company was as transparent as they could be.So I think a lot of people are gonna be paying attention to George's words.There's obviously been some large customers in the news, um, that have had some prolonged outage in the airline industry.

I think it was 100 and 54% increase uh from the same period last year on uh data center revenue uh which was 26.3 billion for this course and 10.3 billion for the prior quarter.

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