ABOUT US | SERVICES | SUBSCRIPTIONS | LOGIN | SIGNUP
SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community
MARKETS » MOBILE Commerce HTML5 WebRTC
HOT TOPICS » VIDEO MANAGED SERVICES WEARABLE TECH WORLD NETWORK MANAGEMENT

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

SUBMIT
HP Issues Q2 Results, Guidance Above Street Expectations - Down 2% in Pre-Bell on EDS Acquisition
[May 13, 2008]

HP Issues Q2 Results, Guidance Above Street Expectations - Down 2% in Pre-Bell on EDS Acquisition

(Midnight Trader Via Acquire Media NewsEdge) Boston, May 13, 2008 (MidnightTrader via COMTEX News Network) --

HP (HPQ) reports preliminary Q2 revenue of $28.3 bln, up from $25.5 bln a year ago and better than the Thomson Financial consensus of $27.9 bln. Preliminary non-GAAP EPS was $0.87 per share, an increase over $0.70 per share last year and three cents better than the Street view.

For Q3, the company expects revenue of about $27.3 to $27.4 bln and non-GAAP EPS in the range of $0.82 to $0.83 per share, vs. Street estimates of $27.3 bln in revs and earnings of $0.82 per share.

For FY08, HP expects revenue will be about $114.2 bln to $114.4 bln, with non-GAAP EPS of $3.54 to $3.58 per share, both up from previous estimates and ahead of current Street consensus numbers of $114.0 bln in revs and earnings of $3.52 per share.


Price: 45.90, Change: -0.94, Percent Change: -2

Copyright (C) 2008 MidnightTrader.com. All rights reserved.
Unauthorized reproduction is strictly prohibited.

[ Back To TMCnet.com's Homepage ]


Upcoming Events



LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

IMPORTANT

SUBSCRIPTIONS


Subscribe to our FREE eNewsletters
SUBMIT

STAY CURRENT YOUR WAY

© 2013 Technology Marketing Corporation. All rights reserved.