captioning sponsored by wpbt susie: good evening, everyone. encouraging and disappointing news from hewlett packard tonight. it announced better-than- expected earnings after the market close, but tom, it expects modest growth in the upcoming quarter. tom: susie, that s one reason shares slipped in after-hours trading. let s run down h.p. s numbers. the company earned 92 cents in its fiscal first quarter, a nickel more than analyst estimates and down considerably from last year. there were two big disappointments, though. revenues fell 7% to $30 billion, lower than expectations. and susie, looking ahead, h.p. said earnings for the current quarter will come in shy of what had been expected. susie: joining us with more about h.p.? micahel holt, senior equity analyst/technology at morningstar. hi, michael. so what was your reaction to both the quarterly numbers and the outlook? well, it s a bit of a relief that they are actually meeting the goals they ve set. we have to
captioning sponsored by wpbt susie: good evening, everyone. encouraging and disappointing news from hewlett packard tonight. it announced better-than- expected earnings after the market close, but tom, it expects modest growth in the upcoming quarter. tom: susie, that s one reason shares slipped in after-hours trading. let s run down h.ps numbers. the company earned 92 cents in its fiscal first quarter, a nickel more than analyst estimates and down considerably from last year. there were two big disappointments, though. revenues fell 7% to $30 billion, lower than expectations. and susie, looking ahead, h.p. said earnings for the current quarter will come in shy of what had been expected. susie: joining us with more about h.p.? micahel holt, senior equity analyst/technology at morningstar. hi, michael. so what was your reaction to both the quarterly numbers and the outlook? well, it s a bit of a relief that they are actually meeting the goals they ve set. we have to ke
encouraging and disappointing news from hewlett packard tonight. it announced better-than- expected earnings after the market close, but tom, it expects modest growth in the upcoming quarter. tom: susie, that s one reason shares slipped in after-hours trading. let s run down h.p. s numbers. the company earned 92 cents in its fiscal first quarter, a nickel more than analyst estimates and down considerably from last year. there were two big disappointments, though. revenues fell 7% to $30 billion, lower than expectations. and susie, looking ahead, h.p. said earnings for the current quarter will come in shy of what had been expected. susie: joining us with more about h.p.? micahel holt, senior equity analyst/technology at morningstar. hi, michael. so what was your reaction to both the quarterly numbers and the outlook? well, it s a bit of a relief that they are actually meeting the goals they ve set. we have to keep in mind that this was a lower bar, lower guidance and it