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HP reports first quarter 2011 results

HP has announced financial results for its first fiscal quarter ended January 31, 2011. Net revenue of US$32.3 billion was up 4% from the prior-year period both as reported and in constant currency.

GAAP diluted earnings per share was US$1.17, up 26% from US$0.93 in the prior-year period. Non-GAAP diluted EPS was US$1.36, up 27% from US$1.07 in the prior-year period.

Source: Business Wire

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