The net profits of the American technology company Hewlett Packard (HP) was 32.4% in the second fiscal quarter, ended April 30, and totaled $ 1.08 billion. A year before, the last line of the balance sheet of the company there were marked gains of $ 1.59 billion.
Net revenue fell 10% in the quarter, compared to the same period in 2012, to $ 27,58 billion. Total costs and expenses declined to a lesser proportion of 8.7%, to $ 25,98 billion.
While the adjusted profit of $ 0,87 per share in the period surpassed the estimates of $ around 0.81 per paper designed by analysts, sales were under $ 28,12 billion expected by the market.
12.11% advance shares in after-market of the New York Stock Exchange, US $ sales increased 23.74. In the regular trading session, the valuation was only 0.57%.
"We get over the top of our projection adjusted profit for the quarter at $ 0.05 per share, led by higher than expected performance of enterprise services and printing divisions, as well as the capture of accelerated restructuring economies and improving our operations," said Meg Whitman, the company's Executive Chairman.
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