HP Shares Tumble Following Quarterly Earnings Report

HP’s latest financial results have disappointed the market, triggering a significant sell-off. The technology firm’s stock has declined more than five percent since the earnings release, as investors reacted to a performance that fell short of expectations. Persistent challenges within the printing division continue to overshadow the company’s outlook.

For the third quarter of fiscal 2025, HP reported revenue of $13.93 billion. While this figure represents a three percent increase compared to the same period last year, it narrowly missed analyst projections. A more pronounced concern emerged in the company’s profitability. Earnings per share experienced a sharp decline, dropping to $0.75 from $0.84 in the prior year, marking a significant setback.

The company’s performance revealed a clear divergence between... Read more...