Hewlett-Packard Is Rebuilding Its Printing Business

The following appears on marketrealist.com


Graphics and A3 drove printing revenue growth

By Adam Rogers  – Earlier in this series, we discussed that Hewlett-Packard’s (HPQ) Printing Business segment’s revenue rose 10% YoY (year-over-year) in fiscal 3Q17. Its printing revenue rose 2% YoY in fiscal 2Q17 to $4.7 billion and fell 3% YoY in fiscal 1Q17 to $4.5 billion. Its printing revenue fell 14% YoY in fiscal 2016 to $18.26 billion.

Hewlett-Packard’s graphics vertical saw revenue growth (on a constant currency basis) for the 16th consecutive quarter. The company thinks that it can grow its revenue even faster in this space.

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