PALO ALTO, Calif., Nov. 24, 2020 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)
- Fiscal 2020 GAAP diluted net earnings per share ("EPS") of $2.00, above the previously provided outlook of $1.83 to $1.87 per share
- Fiscal 2020 non-GAAP diluted net EPS of $2.28, above the previously provided outlook of $2.16 to $2.20 per share
- Fiscal 2020 net revenue of $56.6 billion, down 3.6% from the prior-year period
- Fiscal 2020 net cash provided by operating activities of $4.3 billion, free cash flow of $3.9 billion
- Fiscal 2020 returned $4.1 billion to shareholders in the form of share repurchases and dividends
- Fourth quarter GAAP diluted net EPS of $0.49, above the previously provided outlook of $0.32 to $0.36 per share
- Fourth quarter non-GAAP diluted net EPS of $0.62, above the previously provided outlook of $0.50 to $0.54 per share
- Fourth quarter net revenue of $15.3 billion, down 1.0% from the prior-year period
- Fourth quarter net cash provided by operating activities of $1.9 billion, free cash flow of $1.8 billion
- Fourth quarter returned $1.6 billion to shareholders in the form of share repurchases and dividends
- HP Inc. ("HP") announces dividend increase of 10%
H P Inc.'s f iscal 2020 full-year and fourth quarter financial performance
| FY20 | FY19 | Y/Y | Q4 FY20 | Q4 FY19 | Y/Y | |||||||||||
| GAAP net revenue ($B) | $ | 56.6 | $ | 58.8 | (3.6)% | $ | 15.3 | $ | 15.4 | (1.0)% | ||||||
| GAAP operating margin | 6.1% | 6.6% | (0.5) pts | 6.5% | 6.1% | 0.4pts | ||||||||||
| GAAP net earnings ($B) | $ | 2.8 | $ | 3.2 | (10)% | $ | 0.7 | $ | 0.4 | 72% | ||||||
| GAAP diluted net EPS | $ | 2.00 | $ | 2.07 | (3)% | $ | 0.49 | $ | 0.26 | 88% | ||||||
| Non-GAAP operating margin | 7.2% | 7.3% | (0.1) pts | 6.9% | 7.3% | (0.4) pts | ||||||||||
| Non-GAAP net earnings ($B) | $ | 3.2 | $ | 3.4 | (5)% | $ | 0.8 | $ | 0.9 | (7)% | ||||||
| Non-GAAP diluted net EPS | $ | 2.28 | $ | 2.24 | 2% | $ | 0.62 | $ | 0.60 | 3% | ||||||
| Net cash provided by operating activities ($B) | $ | 4.3 | $ | 4.7 | (7)% | $ | 1.9 | $ | 0.6 | 219% | ||||||
| Free cash flow ($B) | $ | 3.9 | $ | 4.0 | (2)% | $ | 1.8 | $ | 0.4 | 359% | ||||||
