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Earnings Analysis: 
HP Issued Optimistic 2008 Outlook
Author: 123jump.com Staff
123jump.com
Last Update: 3:04 PM EST November 20 2007


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Hewlett Packard reported fourth quarter revenue rise of 15% and net income in the quarter increased 28% to $2.2 billion. For the year the company reported revenue increased of 14% to $104.3 billion and earnings increased to $8.7 billion. In the quarter revenue outside the U.S. represented 67% and BRIC countries revenue rose 37% and accounted 9% of revenue in the quarter.

 
HP stock was up $0.38 or 0.77% at $49.82. The stock has traded in the range $38.15 to $53.48 in the previous 52 weeks.
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