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flag HP beat Q1 2026 earnings expectations with strong AI PC growth, though stock dipped on cost and growth concerns.

flag HP Inc. reported Q1 2026 earnings on February 24, 2026, beating expectations with adjusted EPS of $0.81, up 9.5% year-over-year, and revenue of $14.4 billion, a 6.9% increase. flag Growth was driven by Personal Systems, including AI PCs, while printing revenue declined 2%. flag The company maintained its full-year 2026 guidance, projecting EPS between $2.90 and $3.20, and returned $600 million to shareholders. flag Despite strong results, the stock dipped slightly as analysts expressed caution over memory cost pressures and long-term growth sustainability.

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