HP Inc delivered a mediocre result with a revenue growth of 7% that was below our expectations. However, the company’s non-GAAP net earnings increased 71% to $1.2 billion which was far ahead of what the Wall Street had anticipated. HP’s strong cash flow generation continued as it generated $1 billion of free cash flow, returning $1.7 billion to shareholders. It is worth mentioning that in the third quarter HP launched its two significant products – a new Pavilion line-up that brings premium comp ....
