HP returns to revenue growth, driven by PC market recovery and AI demand

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Revenue Growth Berita

HP Inc,Personal Computer

The turnaround was primarily driven by a recovery in the personal computer market, bolstered by demand for artificial intelligence-capable systems. The PC...

- HP Inc beat Wall Street estimates for third-quarter revenue on Wednesday, marking its first quarter of revenue growth after eight consecutive quarters of decline.

Demand is also expected to surge as companies roll out AI-capable PCs equipped with advanced, powerful processors designed for AI tasks. For the third-quarter, HP posted a 2.4% increase in revenue to $13.52 billion, compared with analysts' average estimate of $13.38 billion,according to LSEG data. HP also tightened its fiscal year 2024 adjusted profit forecast to be in the range of $3.35 to $3.45 per share, compared with its prior outlook of between $3.30 to $3.60 per share.Blackhawks goaltender Brossoit will miss the start of training camp after knee surgery

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