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HP Inc. reported QE April 2017 financial results on May 24
Summary
- HP reported a surprisingly solid YoY increase in top line revenues (+6.9%) but bottom line Non-GAAP earnings per share decreased YoY (-2.4%).
- Increasing revenues, hopeful earnings, stock repurchases, dividends, and a decent dividend yield should provide price support for HPQ.
- HP estimates next quarter Non-GAAP earnings per share on average will be +2.6% QoQ and -13.5% YoY.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.
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