Canada markets closed
  • S&P/TSX

    19,779.97
    -11.65 (-0.06%)
     
  • S&P 500

    4,320.06
    -9.94 (-0.23%)
     
  • DOW

    33,963.84
    -106.58 (-0.31%)
     
  • CAD/USD

    0.7417
    -0.0002 (-0.03%)
     
  • CRUDE OIL

    90.31
    +0.68 (+0.76%)
     
  • Bitcoin CAD

    35,777.79
    -69.26 (-0.19%)
     
  • CMC Crypto 200

    565.87
    -2.18 (-0.38%)
     
  • GOLD FUTURES

    1,944.80
    +5.20 (+0.27%)
     
  • RUSSELL 2000

    1,776.50
    -5.32 (-0.30%)
     
  • 10-Yr Bond

    4.4380
    -0.0420 (-0.94%)
     
  • NASDAQ

    13,211.81
    -12.18 (-0.09%)
     
  • VOLATILITY

    17.20
    -0.34 (-1.94%)
     
  • FTSE

    7,683.91
    +5.29 (+0.07%)
     
  • NIKKEI 225

    32,402.41
    -168.62 (-0.52%)
     
  • CAD/EUR

    0.6966
    +0.0009 (+0.13%)
     

The Good News (and Bad) About HP's Q2

The Good News (and Bad) About HP's Q2

Revenue fell short of estimates due to a marked decline in PC sales. As a recap, for the three-month stretch ending in April, HP turned $12.9 billion in revenue into an adjusted per-share profit of $1.07. The bottom line beat estimates of $0.76 per share, although it still slumped 31% from the year-ago second quarter's comparison of $1.20.