Hewlett-Packard said its outlook for the current quarter is weaker than expected due to falling printer demand, but Dion Weisler, president and CEO of HP, expressed optimisim in an analyst earnings call because the company is gaining share in personal computers.
HP beat analysts’ estimates for its third fiscal quarter results in both revenues and non-GAAP earnings per share. But the company said its estimate for the fourth fiscal quarter, ending in October, will be 34 cents to 37 cents a share, lower than analysts’ anticipated 41 cents per share. That reveal evidently caused HP’s after-hours stock price to fall 4.5 percent.
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