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Hewlett-Packard ends year on high note

This article was originally published in Clinica

Executive Summary

Hewlett-Packard's final quarter results "were a very good finish to an excellent year", says chairman, president and CEO Lewis Platt. Revenues from the medical electronic equipment and service business grew 14% to $352 million in the three months ended October 31st, 1995. Similar growth was recorded for annual revenues to contribute $1,300 million to group revenues of $31,519 million, up 26%. Net earnings for the year rose 52% to $2,400 million.

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