Hp Inc - HPQ STOCK NEWS

HP Inc. (HPQ) released a new cybersecurity report highlighting significant platform security gaps across device lifecycles. The study, based on feedback from 800+ IT decision-makers and 6000+ remote workers, reveals that 81% of IT professionals believe hardware and firmware security must become a priority, yet 68% report it's often overlooked in device ownership costs.

Key findings include: 34% of suppliers failed cybersecurity audits, 53% report weak BIOS password practices, over 60% delay firmware updates, and lost/stolen devices cost organizations approximately $8.6bn annually. Additionally, 47% cite data security concerns as a major obstacle for device reuse and recycling.

HP Inc. reported fiscal 2024 results with net revenue of $53.6 billion, down 0.3% year-over-year. GAAP diluted EPS was $2.81, exceeding outlook, while non-GAAP EPS reached $3.38. Fourth quarter performance showed improvement with revenue of $14.1 billion, up 1.7% from prior year. The company generated $3.7 billion in operating cash flow and returned $3.2 billion to shareholders through dividends and share repurchases. Personal Systems revenue grew 2% while Printing revenue increased 1%. HP announced a 5% dividend increase and provided fiscal 2025 guidance with non-GAAP EPS expected between $3.45 and $3.75.

HP Inc. (NYSE: HPQ) has announced it will host a live audio webcast to discuss its fourth quarter and fiscal year 2024 financial results on November 26, 2024 at 5:30 p.m. ET / 2:30 p.m. PT. The earnings call webcast will be accessible at www.hp.com/investor/2024Q4Webcast, with a replay available for approximately one year after the event. HP operates in over 170 countries, providing innovative solutions in personal computing, printing, 3D printing, hybrid work, and gaming sectors.

HP Inc. (HPQ) has announced HP Amplify AI, a new partner program launching November 1, 2024, designed to enhance partners' AI capabilities and drive customer adoption. The program includes the HP Amplify AI HUB, offering AI training, certification, and tools for partners to effectively sell AI devices and solutions.

The company is implementing AI-powered tools including a Partner Portal Chatbot and Configured Price Quote platform available in 108 countries. The HP Future Ready AI MasterClass has attracted over 12,000 users, and HP is expanding content availability in multiple languages. Additionally, HP is expanding its Business Partner Program globally to engage a broader ecosystem of partners.

HP Inc. has acquired Vyopta, an Austin-based provider of collaboration management solutions. This acquisition aims to enhance HP's Workforce Experience Platform, launched earlier this year, by incorporating Vyopta's expertise in analytics and monitoring for large, unified communications and collaboration networks.

The integration of Vyopta's capabilities will enable HP to offer customers:

• Enhanced Fleet Management with multi-vendor monitoring and space utilization insights
• End-to-End Insights for visibility across devices, applications, infrastructure, and networks
• AI-Powered Platform with improved Managed Collaboration Solutions integration
• Rebuilt SaaS Platform using modern microservices architecture

This strategic move is expected to strengthen HP's position in the market by providing more comprehensive workplace solutions and improving employee experiences.

HP Inc. (NYSE: HPQ) has unveiled HP Print AI, the industry's first intelligent print experiences designed to transform printing. The key features include:

1. Perfect Output: Ensures prints look perfect every time, reformatting web content and spreadsheets for optimal printing.

2. Customized Support: Simplifies setup and provides personalized assistance using natural language and contextual awareness.

3. Personalized Experiences: Enables easy creation of custom greeting cards and photo projects using conversational prompts.

4. HP Scan AI Enhanced: Automates document scanning and information extraction for businesses.

5. HP Build Workspace: An AI-enabled collaboration ecosystem for design and construction professionals.

HP Print AI is available in beta, with full capabilities expected to launch throughout 2025.

HP Inc. (NYSE: HPQ) announced advancements in its Workforce Solutions division at HP Imagine, aimed at enhancing employee experiences and productivity. Key highlights include:

• Expanded access to HP Workforce Experience Platform with new features for printer management and AI-powered fleet management
• Introduction of advanced Monitoring and Management capabilities through global command centers
• Launch of an industry-first out-of-band remediation service for remote PC issue resolution
• New AI advisory service to help customers maximize benefits of Microsoft 365 Copilot
• Global availability of HP Managed Collaboration Services
• Expansion of HP Certified Refurbished hardware portfolio
• Extension of HOPE Recycling Futures program to Mexico

These initiatives aim to support flexible work environments, improve IT management, and drive digital equity.

HP Inc. (NYSE: HPQ) has announced new innovations to transform the future of work at HP Imagine. These include:

• Next-gen AI PCs: The HP OmniBook Ultra Flip, a 2-in-1 laptop for freelancers and creators, and the HP EliteBook X, the world's most powerful next-gen AI business notebook.
• AI-enabled video conferencing solutions: Expanded Poly Studio Video Bars and software updates.
• Z by HP Boost: A scalable GPU performance sharing solution for AI developers.

The company also introduced the HP AI Companion, Poly Camera Pro, and new HyperX Cloud MIX™2 headset. These innovations aim to enhance productivity, collaboration, and security in various work environments. HP's research shows that AI is positively impacting workers' relationships with their jobs, with 68% believing AI creates new opportunities to enjoy work.

HP Inc. released the second annual HP Work Relationship Index (WRI), surveying 15,600 respondents across 12 countries. Key findings include:

• Only 28% of knowledge workers have a healthy relationship with work, a 1-point increase from 2023
• AI usage among knowledge workers increased to 66% in 2024, up from 38% last year
• AI users are 11-points happier with their work relationship compared to non-users
• At least two-thirds of workers desire personalized work experiences
• 87% would be willing to forgo part of their salary for personalized work experiences
• Only 44% of leaders have confidence in their human skills
• Female business leaders are significantly more confident than male counterparts in both hard and human skills

The study highlights AI and personalized work experiences as potential solutions to improve work relationships.