Over the period, revenue grew by 6% to £3.6bn ($7.2bn) while revenue for commercial printer units improved by 21%. An increase of 10% was posted for supplies revenues and printer unit shipments increased 11% year on year.
HP’s net revenue was up 13% to £12.9bn with operating profits of £1.1bn, up 30% on the same period last year.
HP chairman and chief executive Mark Hurd said: “This was a strong performance for HP. We generated $3bn (£1.5bn) of revenue growth, continued to expand earnings and achieved record cash flow from operations.”
HP Q2 RESULTS
• Overall net revenue: £12.9bn, up 13%
• Overall operating profits: £1.1bn, up 30%
• Imaging and printing revenue: £3.6bn, up 6%
• Revenue for commercial printer units up 21%
Have your say in the Printweek Poll
Related stories
Latest comments
"Thank you for the opportunity to comment on this Jo, and PrintWeek!
Please feel free to get in touch with the Howden Print Team to arrange your own Free of Charge Cyber Micro-Penetration Test to help..."
"I never quite understand the statements such as "achieved such a positive outcome for this well-established business".
The established business unfortunately failed and no longer exists, a..."
"Genuinely sorry to read this."
Up next...
First issue print run of 250,000
John Lewis launches new glossy publication
Sold for £56,280
Rare Bible in Chinese donated to Oxfam flies at auction
Over 4,000 booksellers taking part
World Book Day 2025 encourages readers to ‘Read Your Way’
Print run of around 105,000