HP Reports 11% Revenue Growth, Commercial Printer Sales Jump

PALO ALTO, CA—Aug 19, 2010—HP today announced financial results for its third fiscal quarter ended July 31, 2010, with net revenue of $30.7 billion, up 11.4% from a year earlier, including a favorable currency benefit of approximately one percentage point. It's third-quarter GAAP operating profit up 5% to $2.3 billion; non-GAAP operating profit up 14% to $3.4 billion.