HP Inc reports 3.6 percent rise in quarterly revenue

(Reuters) - HP Inc (NYSE: HPQ), which houses the hardware business of former Hewlett-Packard Co, reported a 3.6 percent rise in quarterly revenue, largely helped by a stabilizing PC market.

However, the company's net earnings from continuing operations fell to $611 million in the first quarter ended Jan. 31, from $650 million a year earlier.

The company's earnings per share from continuing operations remained flat at 36 cents.

Revenue rose to $12.68 billion from $12.25 billion.

(Reporting by Laharee Chatterjee and Arunima Banerjee in Bengaluru; Editing by Sriraj Kalluvila)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• ​Trump said he was unaware of his earnings from crypto
• Pembina joins proposed 1M bbl/day Alberta-to-coast pipeline plan
• RBC Capital Downgrades Bucher Industries AG (BUCN:SW) (BCHHF) to Sector Perform