HP (HPQ) Gains 4% as Q2 Earnings & Revenues Beat Estimates
HPQHP(HPQ) ZACKS·2024-05-30 23:51

HP Inc. (HPQ) shares were trading 4% higher in Thursday’s pre-market trading session as the company reported better-than-expected second-quarter fiscal 2024 results.HP reported second-quarter fiscal 2024 non-GAAP earnings of 82 cents per share, which surpassed the consensus mark of 81 cents and came within management’s previously guided range of 76-86 cents. Moreover, the bottom line improved 4% on a year-over-year basis, mainly driven by maximized operational efficiency and cost management.HPQ’s net revenu ...