HP Inc reported better-than-expected results in what its chief executive termed a "breakthrough" quarter as both its PC and printer businesses grew for the first time since 2010. Shares of the company rose 3.6 per cent to $19.7 after the bell on Wednesday. Revenue from personal systems business, which makes notebooks, desktops and workstations, jumped 9.6 per cent to $7.66 billion in the second quarter ended April 30. The business accounts for nearly two-thirds of the company's total sales. Worldwide shipments of PCs rose for the first time in five years ...
HP Inc results beat in 'breakthrough' Q2 FY18 for computers, printers
The PC market has benefited as more businesses replace or upgrade older systems
Reuters Last Updated at May 25, 2017 13:04 IST