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Hewlett-Packard First Quarter Earnings Call
Author: Albena Toncheva
123jump.com
Last Update: 3:51 AM EST February 22 2008


The leading technology company reported revenue of $28.5 billion, up 13% over the prior year, with the international operations accounting for 69% of the total revenue. Notebook revenue for the quarter grew 37% over the prior-year period, while desktop revenue grew 15%. Hewlett-Packard paid dividend of 8 cents per share in the first quarter, resulting in cash usage of $206 million. The company expects second quarter GAAP EPS of 77 cents to 78 cents.

 

 

 

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