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First quarter net revenue was $17 billion, up 8.8% from the prior-year period, with free cash flow of $1.4 billion.
March 2, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
HP Inc. and its subsidiaries announced fiscal 2022 first quarter net revenue of $17 billion, up 8.8% (up 8.2% in constant currency) from the prior-year period. “We once again delivered strong top and bottom-line results with record revenue driven by strong demand and our leadership in hybrid,” said Enrique Lores, HP president and CEO. “Our Q1 performance was particularly strong across our key growth areas that collectively grew double digits including gaming, peripherals, workforce solutions,...
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