HP CEO Says Coronavirus Outbreak will Dent Earnings for the Current Quarter

The following appears on CNBC.com

By Tyler CliffordHP Inc.’s bottom line will take a hit this quarter due to the coronavirus epidemic, CEO Enrique Lores told CNBC Wednesday.

  • HP’s bottom line will take a hit this quarter due to the coronavirus epidemic, CEO Enrique Lores told CNBC.
  • “We produce most of our products in China,” said Lores. American businesses have shut down factories in China, particularly in the Hubei province, due to the novel virus outbreak.

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SOURCE CNBC.com

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