Thursday, 17 August 2017

H-P Q4 sales drop, results top analyst views

By John Kell, Dow Jones Newswires
Wednesday 27 November 13

Company's turnaround is on track, CEO Meg Whitman says.

Hewlett-Packard Co. posted weaker fiscal fourth-quarter sales, the ninth consecutive top-line decline, as the computer maker reported weaker software and printing revenue. Though H-P's sales dropped across nearly all business segments, the company swung to a profit in the latest quarter, as results last year were stung by an $8.8 billion write…

Hewlett-Packard Co. posted weaker fiscal fourth-quarter sales, the ninth consecutive top-line decline, as the computer maker reported weaker software and printing revenue. Though H-P's sales dropped across nearly all business segments, the company swung to a profit in the latest quarter, as results last year were stung by an $8.8 billion write…

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