HP Inc. Bottom Line Climbs 28% In Q3

(RTTNews) - HP Inc. (HPQ) revealed earnings for its third quarter that climbed from last year.

The company said its bottom line came in at $826 million, or $0.48 per share. This was higher than $646 million, or $0.35 per share, in last year's third quarter.

The company said revenue for the quarter fell 4.0% to $11.9 billion. This was down from $12.4 billion last year.

HP Inc. earnings at a glance:

-Earnings (Q3): $826 Mln. vs. $646 Mln. last year. -Earnings Growth (Y-o-Y): 27.9% -EPS (Q3): $0.48 vs. $0.35 last year. -EPS Growth (Y-o-Y): 37.1% -Revenue (Q3): $11.9 Bln vs. $12.4 Bln last year. -Revenue Change (Y-o-Y): -4.0%

-Guidance: Next quarter EPS guidance: $0.34 to $0.37 Full year EPS guidance: $1.59 to $1.62