...HP Inc.'s financial outlook is slowly improving. In the third quarter of fiscal 2025 (ended July 31, 2024), HP reported revenue growth of 2.5% year over year, its first growth since mid-2022, supported by 5% growth in the Personal Systems (PS) segment that offset a 3% decline in Imaging and Printing (IP) segment. Commercial PC demand is gradually recovering and consumer PC demand remains a headwind, but we forecast year-over-year growth in the fourth quarter. IP demand remains weak due to pricing pressure and lackluster demand especially in China, and we expect revenues to be down year over year in the fourth quarter and for the third straight fiscal year. Despite our expectation for flat to slightly negative revenue growth in fiscal 2024, we expect HP's S&P Global Ratings-adjusted EBITDA margin to be remain near the low-9% area given its success thus far in achieving cumulative $1.6 billion in cost savings by the end of fiscal 2025....
