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HP Sees Workplace Reopenings Lifting PC Demand Forward of Promising Vacation Season

HP Sees Workplace Reopenings Lifting PC Demand Forward of Promising Vacation Season

HP Inc. reported robust earnings and gave an upbeat outlook, aided by workplace reopenings and an expectation for wholesome client demand via the vacation purchasing season regardless of provide shortages.

The PC and printer maker on Tuesday mentioned it generated quarterly gross sales of $16.7 billion, up 9.3% from the year-ago interval, and $3.1 billion in web revenue, together with a one-time $1.78 billion authorized settlement. The outcomes beat Wall Avenue expectations for each gross sales and earnings.

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