Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of HP, Inc. (HPQ) Q1 2022 earnings report
Technology firm HP, Inc. (NYSE: HPE) Monday reported higher earnings and revenues for the first quarter of 2022. The results also surpassed the consensus forecast.
First-quarter earnings, adjusted for special items, rose to $1.10 per share from $0.92 per share in the corresponding period of last year. Net profit was $1.08 billion or $0.99 per share, compared to $1.07 billion or $0.83 per share in the first quarter of 2021. The bottom-line also came in above estimates.
At $17.0 billion, revenues were up 8.8% year-over-year in the first three months of fiscal 2022. Analysts had predicted a slightly slower growth.
Read management/analysts’ comments on HPE’s Q1 report
Shares of Hewlett Packard have gained around 18% in the past six months. The stock closed Monday’s regular session lower.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
PNC Earnings: A snapshot of PNC Financial Services’ Q4 2025 results
PNC Financial Services Group, Inc. (NYSE: PNC) on Friday reported higher revenue and net income for the fourth quarter of fiscal 2025. The numbers also beat analysts' estimates. Total revenues
Earnings Preview: Intuitive Surgical (ISRG) looks poised for a strong Q4
Intuitive Surgical, Inc. (NASDAQ: ISRG) is a pioneer in robotic-assisted surgical technology, developing advanced systems that enable healthcare professionals to perform minimally invasive procedures with greater precision and efficiency. Having
What to expect when Alaska Air Group (ALK) reports Q4 2025 earnings results
Shares of Alaska Air Group (NYSE: ALK) gained 3% on Thursday. The stock has dropped 26% in the past 12 months. The airline is scheduled to publish its earnings results
