- HP Inc (NYSE:HPQ +0.2%) Q2 2017 results: revenue $12.4B (+7.0% Y/Y, beats by $520M), EPS $0.40 (beats by $0.01), cash provided by operating activities $0.5B, repurchases and dividends $447M.
- Segment sales: Personal Systems +10% Y/Y -- Commercial +7%, Consumer +16%; total units +5% (Notebooks +12% and Desktops -6%). Printing +2%; with total hardware units +4% (Commercial hardware +6% and Consumer hardware +3%).
- Q3 guidance: EPS $0.40 - $0.43 ($0.42 consensus).
- FY2017 guidance: raised to $1.59 - $1.66 ($1.62 consensus).
- Shares are 3.6% higher aftermarket.
- Press release / Conference call / 8-K