Q4: Hewlett Packard’s Revenues and Turnover Grow
HP today announced financial results for its fourth fiscal quarter ended October 31 2007, with net revenue of US$ 28.3 billion, up 15% from a year earlier and up 11% when adjusted for the effects of currency.
In the fourth quarter, GAAP operating profit was US$ 2.6 billion and GAAP diluted earnings per share (EPS) was US$ 0.81, up from US$ 0.60 in the prior-year period. Non-GAAP operating profit was US$ 2.8 billion, with non-GAAP diluted EPS of US$ 0.86 up from US$ 0.68 in the prior-year period.
"Strong performance across our businesses was highlighted by sharp improvement in our software segment," said Mark Hurd, HP chairman and chief executive officer. "We have added over US$ 12 billion of new revenue this year. While we still have more work to do, HP is well positioned to make further progress in the marketplace."
HP Software revenue doubled over the prior-year period to US$ 698 million, led by strong growth from the businesses acquired in HP's purchase of Mercury Interactive. On a year-over-year basis, HP OpenView grew 24% excluding Mercury. Operating profit was US$ 177 million, or 25.4% of revenue, up from US$ 60 million, or 17.2% of revenue, in the prior-year period.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.
News
-
Linux Hits an Important Milestone
If you pay attention to the news in the Linux-sphere, you've probably heard that the open source operating system recently crashed through a ceiling no one thought possible.
-
Plasma Bigscreen Returns
A developer discovered that the Plasma Bigscreen feature had been sitting untouched, so he decided to do something about it.
-
CachyOS Now Lets Users Choose Their Shell
Imagine getting the opportunity to select which shell you want during the installation of your favorite Linux distribution. That's now a thing.
-
Wayland 1.24 Released with Fixes and New Features
Wayland continues to move forward, while X11 slowly vanishes into the shadows, and the latest release includes plenty of improvements.
-
Bugs Found in sudo
Two critical flaws allow users to gain access to root privileges.
-
Fedora Continues 32-Bit Support
In a move that should come as a relief to some portions of the Linux community, Fedora will continue supporting 32-bit architecture.
-
Linux Kernel 6.17 Drops bcachefs
After a clash over some late fixes and disagreements between bcachefs's lead developer and Linus Torvalds, bachefs is out.
-
ONLYOFFICE v9 Embraces AI
Like nearly all office suites on the market (except LibreOffice), ONLYOFFICE has decided to go the AI route.
-
Two Local Privilege Escalation Flaws Discovered in Linux
Qualys researchers have discovered two local privilege escalation vulnerabilities that allow hackers to gain root privileges on major Linux distributions.
-
New TUXEDO InfinityBook Pro Powered by AMD Ryzen AI 300
The TUXEDO InfinityBook Pro 14 Gen10 offers serious power that is ready for your business, development, or entertainment needs.