HP Inc revenue rises two percent

HPQ.N), the legacy printer and PC business of the former Hewlett-Packard Co, reported a 2 percent rise in quarterly revenue, helped by higher sales of its notebooks.

Net earnings fell to $492 million, or 28 cents per share, in the fourth quarter ended Oct. 31, from $1.32 billion, or 73 cents per share, a year earlier.

The company’s net revenue rose to $12.51 billion from $12.27 billion.

(Reporting by Rishika Sadam in Bengaluru; Editing by Maju Samuel)

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