HP Inc.: Dominance of Personal Systems & Print Business 

HP Inc.’s Q2 2024 earnings were below par and net revenue was down 1%, the rate of decline slowed for the fourth straight quarter. Personal Systems also returned to growth for the first time in eight quarters, indicating signs of market stabilization and solid execution. Non-GAAP operating profit grew 2%, and non-GAAP EPS was up 4% year-over-year, slightly above the midpoint of the last quarter’s guide. On the innovation side, at the Amplify Partner Conference, HP showcased over 100 AI-enabled solutions which aimed at redefining productivity and collaboration.