Categories AlphaGraphs, Earnings, Technology
Infographic: Highlights of HP, Inc. (HPQ) Q2 2022 earnings report
Technology firm HP, Inc. (NYSE: HPE) on Tuesday reported higher earnings and revenues for the second quarter of 2022. The results also surpassed the consensus forecast.
Second-quarter earnings, adjusted for special items, rose to $1.08 per share from $0.93 per share in the corresponding period of last year. Net profit was $1.0 billion or 0.94 per share during the three-month period, compared to $1.2 billion or $0.98 per share in the second quarter of 2021. The bottom line also came in above estimates.
At $16.5 billion, revenues were up 4% in the most recent quarter compared to the same period of last year. Analysts had predicted a slower growth.
Check this space to read management/analysts’ comments on HPE’s Q1 report
Shares of HP have gained around 11% since the beginning of the year. The stock closed Tuesday’s regular session lower but gained during the extended session after the earnings announcement.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
