A Closer Look at HP Inc.’s First-Quarter Results
In office printing, HP is expanding its contractual A3 business with the introduction of document-finishing capabilities on a range of systems.
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As for the A3 copier/MFP business, HP’s CEO noted that “we continue to on-board new partners and gain year-over-year share. This business is strategic to us given the higher attach rates of supplies and services.”
HP Continues to Report Strong Revenue Growth, Raises Forecast
HP Inc. CEO and President Dion Weisler commented: “We delivered another quarter of double-digit year-over-year revenue and profit growth, strong EPS (earnings per share) and impressive free cash flow and performed well across segments and regions.”
Looking for Bigger Bite of A3 Copier/MFP Market, HP Aims for 12 Percent Share by 2021
“We have now created a larger print family, which will help us address the $55 billion A3 market opportunity along with adding capabilities and revenue in A4,” said Weisler. “The integration efforts and key initiatives are on track. We are joining teams, combining our product portfolios, on boarding new partners, rationalizing SKUs, and streamlining processes.”
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