Big Tech
HP Jumps After Reporting First Sales Increase Since 2022
- Company reports that business PC sales gained momentum
- Printer declines expected through end of year, CEO says
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HP Inc. shares jumped after the hardware maker reported its first sales increase in two years due to a resurgence of corporate computer purchases.
Fiscal third-quarter sales rose 2.4% to $13.5 billion, the company said Wednesday in a statement. Analysts, on average, projected $13.4 billion.