Compaq Expects to Meet or Beat First Quarter Earnings Consensus
4/8/2002 4:31:00 PM
Records More Than $1 Billion in Key Market Wins During Quarter
HOUSTON, Apr 8, 2002 /PRNewswire-FirstCall via COMTEX/ -- Compaq Computer Corporation (CPQ) , a leading global provider of enterprise technology and solutions, today said based on preliminary financial data, it expects to meet or beat current analyst expectations. Revenue for the quarter will be approximately $7.7 billion.
"Compaq's first quarter results will clearly demonstrate our continued focus on strong execution. I am particularly pleased with our progress during these tough market conditions," said Michael Capellas, chairman and chief executive officer. "Our unwavering commitment to stay focused on our customers was key to maintaining our momentum in the marketplace. In the first quarter, we recorded more than $1 billion in major account wins in the healthcare, education and travel markets alone."
Compaq will announce complete first quarter results after market close on Thursday, April 18, 2002. |
