Amid Executive Changes, HP Posts Declining Q3 Revenue Of $27.2B As Its PC Division Weakens

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http://techcrunch.com – Today HP announced its third-quarter financial performance, including revenue of $27.2 billion, down 8 percent year over year. The company earned $0.86 per share on a non-GAAP basis. The street had expected revenue of $27.3 billion, and earnings per share of $0.86 on a non-GAAP basis. Today a number of executive changes leaked that were not detailed in HP’s earnings release, including the move of Chief Marketing Officer Marty Homlish and Enterprise Group Executive Vice President Dave Donatelli to new roles. HP’s personal computing division posted revenue of $7.7 billion, down 11 pe (IT news)