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HP reports last quarter earnings

  • Net revenue down 1% to $12.8 billion
  • Non-GAAP operating profit of $1.3 billion
  • Printing Division revenue down 7.8% to $4.368 billion
    • Non-GAAP operating profit of $829 million or 19% of revenue
    • Supplies revenue down 5%
    • Total hardware units down 17%
    • Consumer revenue down 16%
    • Commercial revenue down 12%
  • Gross debt of $9.7 billion

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