HP releases Q3 financial report in fiscal year 2020

According to foreign media reports, on August 27 local time in the United States, HP released the third quarter financial report of fiscal year 2020. According to the report, HP’s net revenue in the third quarter was $14.3 billion, down 2.1% year-on-year. According to earnings data, HP’s net revenue in the third quarter was $14.3 billion, down 2.1% from $14.6 billion in the same period last year. In terms of net profit, HP generated a net profit of $700 million in this quarter, down 37.7% from $1.2 billion in the same period last year. In addition, if not in accordance with US GAAP, HP’s net profit for the quarter was $700 million, down 20.2% from $900 million in the same period last year. < / P > < p > it is worth noting that in the third quarter, the shipment of HP desktop computers decreased by 30% year-on-year, while that of notebook computers increased by 32% year-on-year. It is reported that previously, HP president and CEO Enrique lorez once pointed out: “during the new crown epidemic, notebook computers are very important for people’s work and study. It’s not enough to have a computer in every family. I think everyone should have a computer. ” < p > < p > industry insiders pointed out that HP’s revenue and profit in the third quarter exceeded Wall Street analysts’ expectations. In response to the financial report, HP president and CEO Enrique lorez said: “in the face of unprecedented uncertainty, our third quarter performance is remarkable, which reflects the HP team’s keen market insight. At present, we are in the leading position in the consumer market and the commercial market. We should continue to seize the opportunities, such as paying more attention to PC business and subscription services. We believe that with our diversified product portfolio and strong executive power, our market performance will be stronger and HP will continue to create more value. ” Skip to content

Author: zmhuaxia