Weisler On A Strong Quarter From HP
HP CEO Dion Weisler spoke with CRN about HP's highest personal systems sales growth since the Windows XP refresh three years ago, the importance of HP's razor sharp focus on innovation, and President Donald Trump's new immigration order.
Weisler spoke with CRN after the company Wednesday posted 10 percent Personal Systems sales growth to $8.22 billion for its first fiscal quarter ended Jan. 31, up from $7.46 billion in the year ago quarter.
Overall, HP posted better than expected results for its first fiscal quarter ended Jan. 31. The $48 billion printing and PC power house posted non GAAP diluted net earnings per share of 38 cents on sales of $12. 68 billion, up four percent from $12.2 billion in the year ago period. The Wall Street consensus was non GAAP diluted earnings per share of 37 cents on sales of $11.84 billion.
"This quarter can best be characterized as relentless execution and innovation that delivered really strong results," said Weisler. "It's the second quarter in a row of growth and solid performance. Innovation is at the heart of driving the meaningful share gains we have had. We are the pillar of stability right now in the industry."