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Hewlett-Packard Reports Earnings

May 23, 2014, 01:05 IST

HPHP CEO Meg Whitman

Hewlett Packard just released its quarterly earnings and we're sifting through them now.

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It reported revenue of $27.3 billion. That's a miss.

It reported EPS of $0.88. That's right on target.

Analysts were expecting EPS of $0.88 cents and basically flat revenue of $27.41 billion, shrinking 0.6% over the year ago quarter. HP had offered guidance for this quarter that non-GAAP EPS would come in at $0.85 to $0.89 and GAAP would land in the range of $0.62 to $0.66.

Stay tuned. More to come.

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