HP Inc (NYSE: HPQ) reported fourth-quarter 2020 financial results after the regular trading hours on Tuesday. The hardware firm reported Q4 revenue of $15.3 billion, down 1% year-over-year, but higher than the Wall Street projection. Meanwhile, net earnings of $0.62 per share was much better than what analysts had anticipated.
HPQ shares rose 5.7% immediately following the announcement. The stock has gained 5% since the beginning of this year.
“The strength of our innovation with the rigor of our execution drove sequential growth in revenue, operating profit, non-GAAP EPS and cash flow,” CEO Enrique Lores said in a statement.
Prior performance
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
What to expect when J.M. Smucker (SJM) reports Q2 2025 earnings results
Shares of The J.M. Smucker Co. (NYSE: SJM) stayed red on Friday. The stock has dropped 6% over the past three months. The branded foods company is slated to report
Earnings Summary: Highlights of BJ’s Wholesale Club’s Q3 2024 results
Department store chain BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) has reported financial results for the third quarter of 2024, reporting a 3% increase in net sales. Adjusted earnings, on a
