Personal computer and printer maker HP Inc. reported solid second-quarter earnings today, prompting company executives to boast that it remains well ahead of its rivals in both of its major markets.

The hardware giant also said its chief financial officer, Catherine Lesjak, will leave the company by early next year.

HP reported earnings after certain costs such as stock compensation of 48 cents per share, in line with analysts’ estimates. Net earnings were 64 cents per share on revenue of $14 billion, up 13 percent from a year ago. Wall Street was expecting adjusted earnings of 48 cents on revenue of $13.57 billion.

The company’s share price remained barely above flat in after-hours trading, however. Shares had fallen almost 3 percent in regular trading on a big down day for the overall market.

HP Chief Executive Officer Dion Weisler (pictured) said during a conference call that he was “quite pleased” with the company’s quarter. He said the company was currently focused on innovation and operational efficiencies.

“We delivered another quarter of double digit year over year revenue and profit growth, strong EPS and impressive free cash flow and performed well across segments and regions,” Weisler said. “Our sharp focus on innovation, combined with operational excellence and driving profitable growth is paying off.”

Weisler added that HP generated $937 million of free cash flow in the second quarter. HP also remains the world’s top PC maker, according to the latest figures from International Data Corp.

Digging deeper into HP’s numbers, the company said its personal systems unit, which includes its PCs, saw revenue grow by 14 percent year-over-year during in the quarter. Printing revenue was also up 11 percent, boosted partly by its acquisition of Samsung Electronics Ltd.’s printing business.

HP’s printing business profits notably achieved a 16 percent operating margin, which was four times that of its personal systems business, said Patrick Moorhead, principal analyst at Moor Insights & Strategy. “I like the division’s future growth prospects with the early 3D printer manufacturing (versus prototype) repeat buys and large packaging wins the company discussed,” the analyst added.

Holger Mueller, vice president and principal analyst at Constellation Research Inc., said it was good to see HP maintain its position as market leader in terms of global shipments. “It looks like HP has the right mix of high-end and medium-priced machines at the moment, which help to continue its growth streak,” Mueller said. “It’ll be interesting to see how quarter three will pan out with back-to-school sales and other high-end sales pending.”

The company also announced its veteran CFO Lesjak would step down from her role effective from July 1. Lesjak will remain at the company on a temporary basis as its new interim Chief Operating Officer until early 2019, when she’ll depart for good. HP’s current treasury head Steve Fieler will become the new CFO.

Lesjak’s departure is no surprise, since she has been with the company for 32 years in one capacity or another, including a stint as interim CEO, and had already announced plans to depart in the near future.

“Cathie deserves tremendous credit for helping drive our performance, growth and reinvention,” Weisler said.

HP is forecasting adjusted earnings of 49 to 52 cents a share for its third quarter. For the full year, it’s raising its guidance, projecting adjusted earnings of $1.97 to $2.02 per share, up from a previously forecast range of $1.90 to $2.00.

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