HP Inc. reports quarterly earnings
- print business revenue grew 7% year-over-year to reach $5.04 billion
- 19.8% operating margin
- 55% surge in consumer print revenue
- 18% growth in consumer hardware units
- Supplies revenue climbed 3%
- added 1 million new Instant Ink subscriptions during the quarter to reach 9 million subscribers in total.
- Commercial printer/MFP revenue fell 11%
- commercial hardware units were flat.