Shares of HP Inc. rose 6.2% on Friday after the personal computer maker reported stronger-than-expected fiscal 3Q results. The company’s quarterly results got a boost from strong PC demand driven by COVID-19 pandemic-induced online learning and work-from-home wave.On August 27, HP (HPQ) reported that 3Q revenues of $14.3 billion surpassed analysts’ expectations of $13.3 billion. Its adjusted EPS of $0.49 also beat Street estimates of $0.43.HP’s CEO Enrique Lores said, “We’re leveraging our leadership across consumer and commercial markets to capitalize on opportunities – from the essential role of the PC in an era of remote work and school to …read more
Source:: Yahoo Finance
