Hewlett-Packard net profit reaches $862 million 19.11.2003 22:14 Headlines
SAN FRANCISCO (AFX) -- Hewlett-Packard said Wednesday its fourth-quarter
net profit totaled $862 million, or more than doubling year-ago results, citing
growth in technology services and sales of personal computers. H-P earned 28
cents a share on sales of $19.9 billion. Excluding one-time items, H-P earned 36
cents a share, 1 cent better than the Wall Street consensus estimate. H-P said
it expects to post a first-quarter pro forma profit of 35 cents a share on sales
between $19.1 billion and $19.5 billion.
This story was supplied by CBSMarketWatch. For further information see
www.cbsmarketwatch.com.