Hewlett-Packard delivered a fourth quarter that was better-than-expected and allayed concerns about the company and whether it could stabilize the business amid uncertainty.
The company reported fourth quarter earnings of $239 million, or 12 cents a share, on earnings of $32.1 billion. In the year ago quarter, HP reported earnings of $2.5 billion, or $1.10 a share, on revenue of $33.3 billion. Non-GAAP earnings for the fourth quarter were $1.17 a share. Wall Street was looking for earnings of $1.13 a share on revenue of $32.05 billion.
The non-GAAP figure for HP includes … Read more