HP’s Q2 revenue slips, but Whitman looks ahead
Leading up to Hewlett-Packard’s second-quarter earnings report after the bell on Wednesday, analysts were expecting a mixed bag.
They got one.
The tech giant reported earnings of $1.1 billion, or 55 cents per share. Non-GAAP earnings were 87 cents per share on a revenue of $27.6 billion.
Wall Street was expecting earnings of 81 cents a share on revenue of $28 billion for the second quarter.
Out of the six core segments highlighted in the second quarter report, only the software group posted a positive revenue mark as the support team was up by 12 percent annually.
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