HP sales increase, but do not meet estimates

HP Inc. sales did not meet Wall Street targets in the last quarter, but the company maintained its full-year adjusted earnings outlook, signaling that executives are expecting consumers and businesses that they continue to spend on computers and printing equipment.

First quarter fiscal revenues increased 1.3 percent to $ 14.71 billion, but analysts surveyed by FactSet had forecast $ 14.86 billion.

Profit …