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Net revenue was $13.8 billion, down 18.8% from 1Q 2022.
March 3, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
HP Inc. and its subsidiaries announced fiscal 2023 first quarter net revenue of $13.8 billion, down 18.8% (down 14.7% in constant currency) from the prior-year period. “We delivered on our non-GAAP EPS target despite industry-wide headwinds, reflecting disci-plined execution across our business,” said Enrique Lores, HP president and CEO. “The Future Ready plan we announced last quarter is having an immediate impact, as we continue to reduce our costs while maintaining investments in long-term...
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