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.


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