HP Inc, which houses the hardware business of former Hewlett-Packard, reported a 3.6% rise in quarterly revenue, largely helped by a stabilizing PC market.
However, the company’s net earnings from continuing operations fell to $611 million in the first quarter ended Jan. 31, from $650 million a year earlier.
The company’s earnings per share from continuing operations remained flat at 36 cents.
Revenue rose to $12.68 billion from $12.25 billion.