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
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
