Wednesday, August 22, 2012

HP posts $8.9 billion Q3 loss, lowers full-year guidance

HP posts $8.9 billion Q3 loss, lowers full-year guidance

. Hewlett-Packard (HPQ) on Wednesday reported its third-quarter earnings, falling somewhat in line with Wall Street's expectations. Analysts expected the computer giant to report revenue of $30.1 billion and earnings of $0.98 per share excluding one-time charges, and the company posted a profit of $1.00 per share on sales of $29.7 billion, representing a 5% drop from the third quarter of 2011.

Boy Genius Report , HP posts $8.9 billion Q3 loss, lowers full-year guidance, HP posts $8.9 billion Q3 loss, lowers full-year guidance

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