HP Reports Revenue Increases in First Quarter 2010 Results

• First quarter net revenue of $31.2 billion, up 8%, or $2.4 billion, from a year earlier

• First quarter GAAP operating profit up 20% to $3.0 billion; GAAP diluted earnings per share of $0.96, up 28% from $0.75 a year earlier

• First quarter non-GAAP operating profit up 13% to $3.5 billion; non-GAAP diluted earnings per share of $1.10, up 18% from $0.93 a year earlier