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PC maker HP Inc up after Q2 revenue beats estimates



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** Shares of PC maker HP Inc HPQ.N up 2.1% at $33.4 in after-hours trading

** Posts Q2 revenue of $12.8 bln, above analysts' average estimate of $12.6 bln, per LSEG data, signaling a recovery in the personal computer (PC) market

** Sales of HP's personal systems segment — home to its desktop and notebook PCs — rose 3% from a year ago

** CEO Enrique Lores expects about 10% of HP's PC sales to come from "AI PCs" in the second half of fiscal 2024-Reuters interview

** Sees FY 2024 adj profit between $3.30-$3.60 per share, compared with previous outlook of $3.25-$3.65 per share; midpoint of the full-year range was $3.45, above analyst estimates of $3.43

** For Q3, expects adjusted profit per share with a midpoint of 85 cents, in line with analysts' average estimate

** Stock has risen 9% YTD



Reporting by Juby Babu in Mexico City

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