HP's fiscal Q2 2024 net profit is $607 million, a decrease of 43.06% year-over-year

2026-02-06 07:37:01

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On May 30th, HP (Stock Code: HPQ) announced its financial results, showing that the company’s net profit attributable to common shareholders for the second quarter of fiscal year 2024 was $607 million, a decrease of 43.06% year-over-year; revenue was $12.8 billion, down 0.88% year-over-year.

Founded in 1939, Hewlett-Packard is headquartered in Palo Alto, California, USA. It is a global information technology company primarily focused on manufacturing printers, digital imaging, software, computers, and information services. HP was founded by two Stanford University graduates, William Hewlett and David Packard. Through a series of acquisitions, it has become one of the world’s largest technology companies, leading in the printing and imaging as well as IT services sectors. HP is divided into three main business groups: the Information Products Group, the Printing and Imaging Systems Group, and the Enterprise Computing and Professional Services Group.

(Source: Tonghuashun (300033) iFinD)

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