Hewlett-Packard Co. on Wednesday reported first-quarter results.

Highlights:

* Q1 non-GAAP earnings per share $0.93

* Q1 GAAP earnings per share $0.75

* Sees Q2 2009 GAAP earnings per share about $0.70 to $0.72

* Sees Q2 2009 non-GAAP earnings per share about $0.84 to $0.86

* Sees FY 2009 GAAP earnings per share about $3.19 to $3.31

* Sees FY 2009 non-GAAP earnings per share about $3.76 to $3.88

* Sets quarterly dividend of $0.08 per share

* Sees FY 2009 revenue down about 2 to 5 percent

* Sees Q2 2009 revenue down about 2 to 3 percent

* Says eds integration ahead of plan

* Q1 revenue rose 1 percent to $28.8 billion

* Reuters Estimates Q1 earnings per share view $0.93, revenue view $31,934.49 million

* Reuters Estimates Q2 earnings per share view $0.90, revenue view $30,989.42 million

* Says outlook for Q2 of FY 2009 and the full year FY 2009 assumes that first quarter FY 2009 market conditions will persist

* Reuters Estimates FY 2009 earnings per share view $3.78, revenue view

$126,583.02 million

* Hp sees currency exchange rates hurting year-over-year revenue by about 7-8 percentage points for Q2 and full year FY 2009