HP Q2 Earnings More About Cost Savings Than Growth

By | May 22, 2015

Scalper1 News

The silver lining for Hewlett-Packard (HPQ), with its Q2 earnings posted late Thursday, appears to be more about cost savings than growth. The computer products company posted a mixed bag of earnings numbers for the quarter ended April 30, but still HP stock was up Friday. Along with reporting EPS that was 2 cents better than expected, HP said that costs associated with its move to split into two companies will be $400 million to $450 million, Scalper1 News

Scalper1 News