HP Inc. reported sales that surpassed estimates on firmer demand for computers and printers that are helping drive profitability.
Revenue rose 3.6 percent percent to $12.7 billion in the fiscal first quarter, the Palo Alto, California-based company said Wednesday in a statement. Analysts on average projected $11.8 billion, according to data compiled by Bloomberg. The company also gave a forecast for profit in the current quarter that may top analysts’ estimates.
