HP Inc.: Q1 in line with consensus
(CercleFinance.com) - HP Inc.
, a company that combines the former Hewlett-Packard's hardware business, has reported Q1 adjusted EPS that is up 8% at 52 cents, in line with the consensus.
The group's adjusted operating margin remained unchanged at 6.9% for revenues that edged up 1% to 14.7 billion dollars (+2% at constant exchange rates), with growth in PC salse and a stagnation in printer sales.
The group based in Palo Alto (California) confirms that it expects adjusted EPS of between 2.12 dollars and 2.22 dollars for its fiscal year 2018-19, with free cash flow of at least 3.7 billion dollars over the period.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
, a company that combines the former Hewlett-Packard's hardware business, has reported Q1 adjusted EPS that is up 8% at 52 cents, in line with the consensus.
The group's adjusted operating margin remained unchanged at 6.9% for revenues that edged up 1% to 14.7 billion dollars (+2% at constant exchange rates), with growth in PC salse and a stagnation in printer sales.
The group based in Palo Alto (California) confirms that it expects adjusted EPS of between 2.12 dollars and 2.22 dollars for its fiscal year 2018-19, with free cash flow of at least 3.7 billion dollars over the period.
Copyright (c) 2019 CercleFinance.com. All rights reserved.