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HP sales soar past estimates on strength of personal computers

Published Thu, Feb 23, 2017 · 09:50 PM
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San Francisco

HP Inc reported sales that surpassed estimates on firmer demand for computers and printers that are helping drive profitability.

Revenue rose 3.6 per cent per cent to US$12.7 billion for the fiscal first quarter, the Palo Alto, California-based company said on Wednesday. Analysts on average projected US$11.8 billion, according to data compiled by Bloomberg. The company also gave a forecast for profit in the current quarter that may top analysts' estimates.

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