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HP Shaves Full-Year Profit Outlook Even as Sales Beat Expectations. The Stock Is Down.

Shares of HP were falling in after-market trading after the PC and printer company reported mixed results for the July quarter, beating expectations on revenue driven by PC sales while missing forecasts for earnings per share.

Reuters on MSN · 15h

HP forecasts downbeat profit as weak PC market, competition weigh

Aug 28 (Reuters) - HP (HPQ.N), opens new tab forecast fourth-quarter profit below Wall Street estimates and cut its expectations for the year on Wednesday, owing to choppy demand in the personal computers market and competitive pricing, even though revenue ...

Bloomberg on MSN · 16h

HP Falls After Cutting Profit Outlook on Printer Slowdown

HP Inc. slipped about 3% in extended trading after cutting its full-year profit outlook on a continued downturn in its printing unit.

HP, CHIPS and Oregon

YAHOO!News · 1d

HP awarded $50M in CHIPS funding to modernize Corvallis facility

Amid a major push to bolster the United States' semiconductor industry, Hewlitt-Packard is set to receive $50 million to update its Corvallis facility, the Biden-Harris administration announced Tuesday.

Engadget on MSN · 1d

HP secures up to $50 million in CHIPS Act funding to expand an Oregon facility

HP is the latest recipient of CHIPS and Science Act funding. The Biden-Harris Administration said on Tuesday that the Department of Commerce has agreed to preliminary terms with the company to funnel up to $50 million into modernizing the company’s Oregon-based plant.

Plant Services · 10m

HP to receive $50 million from the CHIPS Act to modernize Oregon facility

The facility is part of HP’s “lab-to-fab” ecosystem, which covers everything from R&D to commercial manufacturing.

HP, Q3

The Washington Post · 17h

HP: Fiscal Q3 Earnings Snapshot

PALO ALTO, Calif. — PALO ALTO, Calif. — HP Inc. (HPQ) on Wednesday reported fiscal third-quarter profit of $640 million. On a per-share basis, the Palo Alto, California-based company said it had net income of 65 cents. Earnings, adjusted for one-time ...

Business Insider · 17h

HP Inc. Q3 Profit Decreases, Misses Estimates

HP Inc. (HPQ) revealed a profit for third quarter that decreased from the same period last year and missed the Street estimates.

MarketBeat on MSN · 16h

HP Earnings Transcript (NYSE:HPQ)

Presentation Operator Good day, everyone, and welcome to the Third Quarter 2024 HP Inc. Earnings Conference Call. My name is Desyree, and I'll be your conference moderator for today's call. At this time,

HP is waiting for AI PC demand as Print segment underperforms: analysts

HP remains down after lowering its full-year guidance as it awaits stronger demand for its artificial intelligence-capable ...

Hosted on MSN1h

HP Inc. (NYSE:HPQ) Q3 2024 Earnings Call Transcript

HP Inc. (NYSE:HPQ) Q3 2024 Earnings Call Transcript August 28, 2024 HP Inc. misses on earnings expectations. Reported EPS ...

CRN17h

HP Q3 Earnings: CEO Lores Calls AI PCs ‘An Incredible Growth Opportunity’ For Partners

HP will 'continue to invest in our partners so they can take advantage of this opportunity,' CEO Enrique Lores tells CRN in ...

Will HP still demand $4B from Mike Lynch’s estate?

Before entrepreneur and investor Mike Lynch died along with six others after the yacht they were on capsized in a storm last ...

Business Insider10h

HP’s Strong Revenue and Shareholder Commitment Justify Buy Rating

Analyst Asiya Merchant from Citi maintained a Buy rating on HP (HPQ – Research Report) and keeping the price target at $37.00. Asiya Merchant has given his Buy rating due to a combination of factors ...

CRN23h

HP Inc. Earnings Preview: 5 Things To Know

HP CEO Enrique Lores and other executives will likely talk about printers, AI PCs, Copilot+ PCs, chips and more on the ...

How Much HP Does A Dodge 5.9 Magnum V8 Have & Which Cars Have One Under The Hood?

Before Chrysler's HEMI engine line, there was the Magnum V8, the biggest of which was the 5.9L iteration. How powerful was it ...

Business Insider10h

HP’s Mixed Financial Performance and Hold Rating by Morgan Stanley

Erik Woodring, an analyst from Morgan Stanley, maintained the Hold rating on HP (HPQ – Research Report). The associated price target was lowered to $36.00. Erik Woodring has given his Hold rating ...

Bloomberg L.P. on MSN16h

HP Reports First Sales Increase Since 2022 on PC Market Upswing

HP Inc. reported its first sales increase in two years due to a resurgence of corporate computer purchases, an optimistic ...

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