Welcome to our dedicated page for HP news (Ticker: HPQ), a resource for investors and traders seeking the latest updates and insights on HP stock.
HP Inc. (NYSE: HPQ) is a global leader in technology innovation, creating products and solutions designed to improve life for everyone, everywhere. Founded in 1939 and known initially as Hewlett-Packard, HP is a dominant force in the PC and printing markets. Since its split from Hewlett Packard Enterprise in 2015, HP has focused on providing advanced computing and printing products, particularly for commercial markets, while also offering consumer devices and printers.
HP's extensive product portfolio includes personal computers, printers, and 3D printing solutions, catering to a diverse and global customer base. The company operates in more than 170 countries, with only one-third of its sales coming from the US. HP's operations are heavily reliant on channel partners for sales and marketing, and its manufacturing processes are entirely outsourced.
HP is committed to sustainability and innovation, continuously reinventing its product offerings to meet the evolving needs of customers. The company's latest achievements include the introduction of the industry's first role-based AI partner training and certification program through the Amplify Partner Program. This initiative aims to equip channel partners with the knowledge and tools needed to leverage HP's broad portfolio of over 100 AI-enabled solutions.
HP's financial performance remains robust, with a strong focus on profitability and growth. In its fiscal 2024 second quarter, the company reported net revenue of $12.8 billion. HP continues to invest in AI and hybrid work solutions, unveiling the industry's largest portfolio of AI PCs and launching innovative products such as the HP OmniBook X AI PC and HP EliteBook Ultra AI PC, designed to enhance productivity and creativity in hybrid work environments.
HP's strategic partnerships and collaborations, such as the recent establishment of the HKPC-HP 3D Printing Technology Centre in Hong Kong, highlight its commitment to driving technological advancement and fostering sustainable development. This initiative is expected to accelerate the adoption of 3D printing technologies, benefiting various industries and supporting Hong Kong's industrial transformation.
Moreover, HP's dedication to security is evident in its HP Wolf Pro Security suite, which was recently recognized as a top product for corporate endpoint protection by AV-TEST. This suite offers advanced threat protection capabilities, making it an efficient and cost-effective option for small and mid-sized businesses.
HP's focus on innovation, sustainability, and partner growth positions it as a leader in the technology industry, continuously pushing the boundaries to create technology that makes life better for people all around the world.
HP's recent HP Wolf Security Threat Insights Report reveals how cybercriminals are using advanced techniques like open redirects, Living-off-the-Land (LotL) tactics, and invoice lures to bypass security defenses. The report highlights significant campaigns, including the exploitation of open redirect vulnerabilities and the abuse of Windows Background Intelligent Transfer Service (BITS) for malware downloads. The report underscores the effectiveness of these methods in evading detection, especially through email attachments and browser downloads, with a notable 12% of email threats bypassing gateway scanners. HP emphasizes the importance of a defense-in-depth approach, isolating and containing high-risk activities to reduce attack surfaces.
HP Inc. (NYSE: HPQ) announced a cash dividend of $0.2756 per share on its common stock, marking the third dividend in its fiscal year 2024.
The dividend is payable on July 3, 2024, to stockholders of record as of June 12, 2024.
HP has approximately 1.0 billion shares of common stock outstanding.
HP Inc. (NYSE: HPQ) will announce its second quarter fiscal 2024 earnings on May 29, 2024, with a live webcast to review financial results. HP Inc. is a global technology leader offering innovative solutions in personal computing, printing, 3D printing, hybrid work, gaming, and more, operating in over 170 countries. Investors can access the webcast at www.hp.com/investor/2024Q2Webcast and a replay will be available on the same site. For more information, visit http://www.hp.com.
Hong Kong Productivity Council (HKPC) and HP have partnered to establish the HKPC-HP 3D Printing Technology Centre in Hong Kong, aiming to apply advanced 3D printing technologies to empower industries and accelerate Hong Kong's industrial development. The Centre will be equipped with cutting-edge 3D printers, with a focus on customization and precision to meet market demands. The collaboration aligns with global sustainability goals and offers significant opportunities for strategic industries, such as healthtech and electronics. The Centre will serve as a networking hub, providing consultancy and training services to drive advancements in the 3D printing industry and other sectors.
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