Hewlett-Packard Company Q4 Income Declines 15%

(RTTNews) - Hewlett-Packard Company (HPQ) released a profit for fourth quarter that fell from last year.

The company said its profit dropped to $1.7 billion, or $0.93 per share. This was down from $2.0 billion, or $1.06 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 9.5% to $25.7 billion. This was down from $28.4 billion last year.

Hewlett-Packard Company earnings at a glance:

-Earnings (Q4): $1.7 Bln. vs. $2.0 Bln. last year. -Earnings Decline (Y-o-Y): -15.0% -EPS (Q4): $0.93 vs. $1.06 last year. -EPS Decline (Y-o-Y): -12.3% -Revenue (Q4): $25.7 Bln vs. $28.4 Bln last year. -Revenue Change (Y-o-Y): -9.5%

-Guidance: Next quarter EPS guidance: $0.33 - $0.38 Full year EPS guidance: $1.59 - $1.69