Hewlett-Packard (HPQ) appears to be making progress as it works through the third year of a five-year restructuring process launched in May 2012 and prepares for a company split into two entities by the end of next year. That’s the assessment from several analysts after the global computer product giant reported a mixed bag of fourth-quarter results after the market close on Tuesday. Here is IBD’s report. HP’s restructuring process involves
Hewlett-Packard’s road to revenue growth has hit another pothole. The computer products giant reported a mixed bag of fiscal fourth-quarter numbers late Tuesday as the company continues to work through a restructuring that will include splitting it into two separate entities by the end of next year. The company’s Q4 sales missed analyst views, while its earnings for the quarter were merely in line. Hewlett-Packard’s (HPQ) earnings forecast for the
Hewlett-Packard (HPQ) might not show much progress on reaccelerating its revenue growth when the company reports its fourth-quarter earnings after the market close Tuesday, analysts say. Analysts expect revenue to slip 1.2% from the year-earlier quarter. Three months ago, HP posted a 1.3% year-over-year revenue gain for the first time in 11 quarters. HP is amid a restructuring effort as it focuses on emerging growth areas such as cloud services