HP reported its third quarter 2011 results on Wednesday, missing the Street's estimates considerably. Net revenues of $32.1 billion were up from the 30.7 billion HP reported during the same quarter in 2010 and also up from the $31.6 billion the company reported during the second quarter. The figures are in line with HP's guidance of $31.1 billion to $31.3 billion for the third quarter but below the Street's consensus of $34 billion.
Boy Genius Report, HP reports Q3 earnings: revenue up over last year, weak 2011 guidance
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