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(Reuters) – HP Inc (HPQ.N), which houses the hardware business of former Hewlett-Packard Co, reported a 26.4 percent rise in quarterly profit on Thursday, due to strength in its personal systems that sells notebooks and desktops.
FILE PHOTO: The entrance to a Hewlett-Packard Co. office complex is shown in Rancho Bernardo, California, U.S., May 12, 2016. REUTERS/Mike Blake/File Photo
The company’s net earnings rose to $880 million, or 54 cents per share, in the third quarter ended July 31, from $696 million, or 41 cents per share, a year earlier.
Net revenue rose to $14.59 billion from $13.06 billion.
Reporting by Akanksha Rana in Bengaluru; Editing by Sriraj Kalluvila
Our Standards:The Thomson Reuters Trust Principles.
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