Shares of HP Inc. dropped more than 5% in after-hours trading after the computer maker delivered mixed results in its second-quarter earnings and offered a lower-than-expected outlook for its next quarter.

For the quarter ended April 30, HP reported net revenue of $12.5 billion, down 11% from a year ago. The tech firm report a net profit of 53 cents per share. Analysts had been expecting earnings of 44 cents per share on $12.93 billion in revenue.

Although revenue fell, net operating margin remained at 6.6% for HP — the same figure as a year ago. HP returned $400 million to shareholders in the form of share repurchases and dividends during the quarter.

With no surprise given the unprecedented nature of the coronavirus pandemic, COVID-19 was at the forefront of HP’s second-quarter report.

HP said its No. 1 priority has been the health and well-being of its employees while at the same time marshaling its technology and resources to help address urgent needs.

The resources thrown at COVID-19 include HP and partners producing 2.3 million 3D-printed parts for personal protective equipment; leveraging their global supply chain to source and distribute face masks to medical facilities; supporting online teaching; donating through the HP Foundation; and a variety of relief initiatives to help the company’s channel partners weather the coronavirus storm.

“The strength of HP’s diversified portfolio, go-to-market capabilities and balance sheet position us well to navigate macroeconomic challenges and drive long-term value creation,” Enrique Lores, HP’s president and chief executive office, said in a statement. “We are seeing strong demand from our customers in notebook PC orders and Instant Ink subscriptions, as well as growing interest in 3D printing and digital manufacturing in key verticals such as healthcare. The current environment will be a catalyst for transformation and innovation across HP.”

Although HP’s earnings were mixed, where the company disappointed was with its guidance. For its third quarter, HP predicted a net profit per share of between 35 and 41 cents. Adjusted profit per share was forecast at between 39 and 45 cents. The figures were lower than the 47 cents per share predicted by Wall Street.

HP stock dropped 5% in after-hours trading after rising a fraction of a point in regular trading.

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