HP Sales Top Estimates, But Its Outlook Disappoints
1. HPQ's Q1 sales rose 2.4% year-over-year to $13.5 billion. 2. Adjusted EPS dropped to 74 cents, meeting analysts' expectations. 3. HPQ's Q2 EPS outlook falls short of analyst consensus. 4. Higher costs from U.S.-China tariffs expected; supply chain diversifying. 5. HPQ acquires AI tech from Humane for $116 million to boost innovation.