May 29, 2018 / 8:18 PM / 23 days ago

HP Inc quarterly profit jumps 89.3 pct

May 29 (Reuters) - HP Inc reported an 89.3 percent rise in second-quarter profit on Tuesday, partly helped by strong growth in its personal systems business that includes notebooks and desktops.

Net earnings rose to $1.06 billion, or 64 cents per share, in the second quarter ended April 30, from $559 million, or 33 cents per share, a year earlier.

Net revenue rose to $14 billion from $12.39 billion.

The company also named Steve Fieler as its chief financial officer, effective July 1, succeeding Cathie Lesjak. (Reporting by Munsif Vengattil in Bengaluru; Editing by Maju Samuel)

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