Categories AlphaGraphs, Earnings, Technology
Infographic: HP Inc. (HPQ) reports lower revenues and earnings for Q2 2023
HP, Inc. (NYSE: HPQ) on Tuesday reported a decline in earnings for the second quarter of 2023 when the computer hardware firm’s revenues dropped due to weak demand.
Second-quarter profit, excluding special items, decreased to $0.80 per share from $1.08 per share in the comparable period of last year. On a reported basis, net income was $1.1 billion or $1.07 per share, compared to $1.0 billion or $0.94 per share last year
At $12.9 billion, revenues were down 21.7% during the three-month period. Revenues of the main operating segments — Personal Systems and Printing — declined during the quarter.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
QCOM Earnings: Qualcomm Q2 2024 revenue and profit beat Street view
Semiconductor company Qualcomm, Inc. (NASDAQ: QCOM) reported an increase in earnings and revenues for the second quarter of 2024. The numbers came in above analysts' estimates. At $9.39 billion, March-quarter
Key takeaways from Amazon’s Q1 2024 earnings report
Amazon.com Inc. (NASDAQ: AMZN) had an upbeat start to fiscal 2024, delivering strong growth across the business in the first three months of the year. While the cloud segment continues
Key takeaways from Pfizer’s (PFE) Q1 2024 earnings report
Shares of Pfizer Inc. (NYSE: PFE) gained over 5% on Wednesday following the company’s announcement of its first quarter 2024 earnings results. Although the top and bottom line numbers decreased