HP Revenue Grows Again on PC Rebound
February 22 2017 - 4:49PM
Dow Jones News
By Rachael King
HP Inc. said sales rose for a second straight quarter after a
slump, as the personal-computer business showed further signs of
life.
The Palo Alto, Calif., company on Wednesday said revenue in the
quarter that ended Jan. 31 rose 4% from a year earlier, with sales
of notebook PCs especially strong. Sales in its printer business
slipped 3%, however, a smaller decline than in other recent
quarters but one that illustrates continued challenges in a
business that HP has significantly staked its future on. Net profit
from continuing operations fell 6%.
Write to Rachael King at rachael.king@wsj.com
(END) Dow Jones Newswires
February 22, 2017 16:34 ET (21:34 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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