Categories AlphaGraphs, Earnings, Technology
Infographic: HP Inc. (HPQ) reports lower revenues and earnings for Q2 2023
HP, Inc. (NYSE: HPQ) on Tuesday reported a decline in earnings for the second quarter of 2023 when the computer hardware firm’s revenues dropped due to weak demand.
Second-quarter profit, excluding special items, decreased to $0.80 per share from $1.08 per share in the comparable period of last year. On a reported basis, net income was $1.1 billion or $1.07 per share, compared to $1.0 billion or $0.94 per share last year
At $12.9 billion, revenues were down 21.7% during the three-month period. Revenues of the main operating segments — Personal Systems and Printing — declined during the quarter.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results
McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion. Net income
Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator
Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although
Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter
Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now