Multinational printing firm HP (HPQ) has announced that its revenue rose 3.9% in Q2 2022, thanks in part to the strong performance of its 3D printing division.
During the course of Q2 2022, HP generated $16.5 billion, some $600 million more than the $15.9 billion it managed to bring in over Q2 2021. While the firm’s Printing segment continued to be impacted by supply issues and COVID-related office closures, this was partially offset by its industrial graphics and 3D portfolio, which delivered double-digit revenue growth over H1 2022.
“We delivered a solid quarter of revenue and non-GAAP EPS growth, while returning significant capital to shareholders,” said Enrique Lores, HP’s President and CEO. “Collectively, our key growth businesses grew double digits and drove $5.6 billion in revenue in the first half of the year. Our consistent performance in the face of a volatile…
