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
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,