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.
While the markets got a boost a couple of weeks ago after Congress passed the new stimulus bill, investors seem to have adopted a cautious stance as details of the
Delta Air Lines (NYSE: DAL) reported fourth quarter 2020 earnings results today. Operating revenues fell 65% year-over-year to $4 billion. The company reported a GAAP net loss of $755 million,
Aphria Inc. (NYSE: APHA) reported second-quarter 2021 earnings results on Thursday. Revenues were C$160.5 million, an increase of 33% compared to the previous year. On an adjusted basis, the company reported earnings