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.

HP, Inc. Q2 2022 Earnings Infographic

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!

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