Hewlett-Packard (HPQ) said fourth-quarter profit slipped 2 percent and revenue grew 19 percent. The results were slightly ahead of Wall Street's forecast.

Share story

SAN FRANCISCO — Hewlett-Packard (HPQ) said fourth-quarter profit slipped 2 percent, and revenue grew 19 percent, as strong laptop sales helped offset falling printer and server orders.

The results were slightly ahead of Wall Street’s forecast. Palo Alto, Calif.-based HP last week announced preliminary results to reassure investors and shore up a sinking stock price.

The full results were released today after the market closed.

Net income was $2.1 billion, or 84 cents a share. Excluding one-time charges, profit was $1.03 a share.

Revenue was $33.6 billion.

HP shares retreated 20 cents to $35.50 in after-hours trading after climbing $1.06 to $35.70 in the regular trading session.