HP Also Revises Previously Issued Consolidated Financial Statements For Fiscal Years Ended 2022 2021, And 2020
Portfolio Pulse from Charles Gross
HP has revised its previously issued consolidated financial statements for the fiscal years ended 2022, 2021, and 2020.
September 11, 2023 | 9:16 pm
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HP's revision of its previously issued consolidated financial statements for the fiscal years ended 2022, 2021, and 2020 may impact investor confidence.
The revision of financial statements is often viewed negatively by investors as it can indicate issues with financial reporting. This could potentially lead to a decrease in investor confidence and a negative impact on HP's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100