HP Third-Quarter Sales Top Estimates as PC Revenue Jumps
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Hewlett-Packard Co. reported fiscal third-quarter sales that topped analysts’ estimates, fueled by improving personal-computer sales.
Profit excluding certain items in the period ended July 31 was 89 cents a share, with revenue rising 1.3 percent to $27.6 billion, the Palo Alto, California-based company said today in a statement. Analysts on average were estimating profit of 89 cents a share and sales of $27 billion, according to data compiled by Bloomberg.