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REUTERS -- Hewlett-Packard Profits Fall, Beat Views Hewlett-Packard Co.'s fiscal third-quarter earnings beat Wall Street expectations as revenue from computers, services and printers improved amid a major corporate restructuring. The company's earnings, however, fell sharply due to one-time tax adjustments from the repatriation of $14.5 billion in foreign earnings. For the three months ended July 31, HP earned $73 million, or 3 cents per share, compared with $586 million, or 19 cents per share, in the same period last year. More Business and Financial News
Street expectations as revenue from computers, services and printers improved amid a major corporate restructuring. The company's earnings, however, fell sharply due to one-time tax adjustments from the repatriation of $14.5 billion in foreign earnings. For the three months ended July 31, HP earned $73 million, or 3 cents per share, compared with $586 million, or 19 cents per share, in the same period last year. 