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HP Boasts Strong Q1 Earnings

  • Barrons , Thursday, February 23, 2017 11:27 AM
For its fiscal first quarter, HP easily beat analysts expectations this week. “Revenue in the three months ended in January rose by 4%, year over year, to $12.7 billion, yielding EPS of 38 cents, excluding some costs,” Barron’s reports. “Revenue from ‘personal systems,’ the PC group, rose 10%, year over year, to $8.22 billion,” it notes.In particular, notebook computer revenue was up 16%.”

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