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A Holiday Return: HP Numbers Surprise

After spending the last six months making headlines in its attempt to resurrect itself, Hewlett Packard finally made the news for all the right reasons. The company‚??s earnings for Q4 were 73 cents per share, up from losing $3.49 in the prior year after the botched Autonomy software acquisition deal.

A Holiday Return: HP Numbers Surprise (Forbes.com)

After spending the last six months making headlines in its attempt to resurrect itself, Hewlett Packard finally made the news for all the right reasons. The company‚??s earnings for Q4 were 73 cents per share, up from losing $3.49 in the prior year after the botched Autonomy software acquisition deal. And while net revenue for the quarter was $112.3 billion, down 7 percent from last year, it still came in ahead of analysts‚?? estimates of $107.5 billion. Investors applauded in their own way, boosting shares 7 percent in afterhours trading. Is this a holiday miracle?

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A Holiday Return: HP Numbers Surprise

A Holiday Return: HP Numbers Surprise (Forbes.com)

After spending the last six months making headlines in its attempt to resurrect itself, Hewlett Packard finally made the news for all the right reasons. The company’s earnings for Q4 were 73 cents per share, up from losing $3.49 in the prior year after the botched Autonomy software acquisition deal. And while net revenue for the quarter was $112.3 billion, down 7 percent from last year, it still came in ahead of analysts’ estimates of $107.5 billion. Investors applauded in their own way, boosting shares 7 percent in afterhours trading. Is this a holiday miracle?

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

YouTube Won’t Let You Watch Lauren Southern‚Äôs ‘Borderless’

FOREIGN AFFAIRS

Global Elites Started The Russia Nonsense.

U.S. POLITICS

DONKTUM: Restricting the Range of Consciousness.

CULTURE

Trump Puts British Intel Under Spotlight: ‘I Hope [Barr] Looks at the UK… I May Talk to PM…’

FOREIGN AFFAIRS

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