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August 22, 2013 03:35 am GMT
Today during its earnings call, a sober HP discussed recent progress in executing its five-year turnaround plan that remains in its early stages.HP had a difficult quarter that merely managed to meet expectations. The company failed to demonstrate that its recovery efforts are proceeding more quickly than anticipated.It's a fix and rebuild year, the company stated, with some business units that are doing well, some that are essentially flat, and others that "haven't yet turned the corner."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jwBUBdZW7dg/
HP CEO Pitches Patience And Progress To Investors, Who Send Her Company's Stock Down 7% After-Hours
Today during its earnings call, a sober HP discussed recent progress in executing its five-year turnaround plan that remains in its early stages.HP had a difficult quarter that merely managed to meet expectations. The company failed to demonstrate that its recovery efforts are proceeding more quickly than anticipated.It's a fix and rebuild year, the company stated, with some business units that are doing well, some that are essentially flat, and others that "haven't yet turned the corner."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jwBUBdZW7dg/
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