HP Inc reports 3.6 percent rise in quarterly revenue

HP Inc (HPQ.N), which houses the hardware business of former Hewlett-Packard Co, reported a 3.6 percent rise in quarterly revenue, largely helped by a stabilizing PC market.

However, the company's net earnings from continuing operations fell to $611 million in the first quarter ended Jan. 31, from $650 million a year earlier.

The company's earnings per share from continuing operations remained flat at 36 cents.

Revenue rose to $12.68 billion from $12.25 billion.

source: Reuters

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