HP's print segment shows growth, but long-term challenges remain. The consumer PC market remains sluggish due to a cautious spending environment. See more here.

HP Inc. reported mixed earnings Tuesday. The stock fell 8.3% in premarket trading Wednesday. The PC and printer manufacturer reported fourth-quarter earnings per share of 93 cents, in line with the Wall Street’s consensus estimate,

Chairman John Idol takes over the CEO spot from Cedric Wilmotte, who is leaving the organization as part of a cost-cutting initiative. HP Inc (HPQ) reports a 2% revenue increase and gains in PC market share, while navigating cost pressures and competitive challenges.