HP announced third quarter earnings net profit down 8% winlinez

By admin. Filed in Home Products & Services  |  
TOP del.icio.us digg

HP announced third quarter earnings: net profit down 8% to view the latest market Sina Technology News Beijing time on August 25th morning news, HP today released the 2016 fiscal third quarter earnings. The report shows that HP’s third quarter net revenues of $11 billion 900 million, $12 billion 400 million over the same period last year fell 4%; net profit of $783 million, $854 million over the same period last year fell 8%; net profit from continuing operations of $800 million, an increase of 20% over last year’s $700 million. HP’s third quarter results exceeded Wall Street analysts had expected, but the fourth quarter earnings outlook failed to meet expectations, causing its share price fell sharply after hours 5%. As of July 31st in the quarter, HP’s net profit was $783 million, $854 million over the same period last year fell 8%. HP’s third quarter net profit from continuing operations was $800 million, an increase of $700 million over the same period last year, $20%. HP’s third quarter earnings per share from continuing operations was $0.49, an increase of $0.39 over the same period last year, $26%. Excluding one-time items (not in accordance with GAAP), HP net profit in the third quarter from continuing operations of $800 million, up 28% over the same period last year, $600 million; earnings per share of $0.48, $0.35 over the same period last year growth of 37%, the results exceeded analysts had expected. Financial information provider FactSet survey, analysts expect HP’s third quarter earnings per share of $0.44. HP in the third quarter from continuing operations, net profit and earnings per share (non GAAP) were removed for $17 million and $0.01 per share after tax adjustment, this adjustment and restructuring and other expenses, amortization of intangible assets of tax expenditure, the amount of compensation and non retirement related credit related operations. HP third quarter net revenues of $11 billion 900 million, $12 billion 400 million over the same period last year fell 4%; excluding the impact of exchange rate changes, HP third quarter net revenue fell 1% over last year, the results also exceeded analysts had expected. FactSet survey, analysts expect HP’s third quarter net revenues of $11 billion 460 million. Results: all departments in accordance with the business sector, HP personal systems group’s third quarter revenue of $7 billion 512 million, $7 billion 505 million compared with the same period last year were flat, not included in the influence of changes in exchange rates is an increase of 2%; personal systems group operating margin for the third quarter of 4.4%. Among them, the business sector revenue fell 3%, personal consumer sector revenue grew by 8%, desktop shipments fell by 6%, notebook shipments grew by 12%, total shipments grew by 4%. HP printing group’s third quarter revenue of $4 billion 423 million, compared with $5 billion 163 million last year, down $14%, excluding the impact of exchange rate movements fell by 10% year on year; operating margin of $20.4%. Among them, the same amount of commercial hardware shipments相关的主题文章:

Comments are closed.