HP Inc. Reports Fiscal 2024 First Quarter Results

PALO ALTO, Calif, Feb. 28, 2024 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

  • First quarter GAAP diluted net earnings per share ("EPS") of $0.62, within the previously provided outlook of $0.60 to $0.70 per share
  • First quarter non-GAAP diluted net EPS of $0.81, within the previously provided outlook of $0.76 to $0.86 per share
  • First quarter net revenue of $13.2 billion, down 4.4% from the prior-year period
  • First quarter net cash provided by operating activities of $121 million, free cash flow of $25 million
  • First quarter returned $0.8 billion to shareholders in the form of share repurchases and dividends
HP Inc.'s fiscal 2024 first quarter financial performance
 Q1 FY24Q1 FY23Y/Y
GAAP net revenue ($B)$13.2 $13.8 (4.4)%
GAAP operating margin 7.1%  5.4% 1.7 pts
GAAP net earnings ($B)$0.6 $0.5 33%
GAAP diluted net EPS$0.62 $0.47 32%
Non-GAAP operating margin 8.4%  7.6% 0.8 pts
Non-GAAP net earnings ($B)$0.8 $0.7 11%
Non-GAAP diluted net EPS$0.81 $0.73 11%
Net cash provided by (used in) operating activities ($B)(1)$0.1 $(0.0) NM
Free cash flow ($B)(1)$0.0 $(0.2)  NM

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »
Featured Video
Jobs
GIS Specialist for Washington State Department of Natural Resources at Olympia, Washington
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
URISA GIS Leadership Academy at Embassy Suites Fort Worth Downtown 600 Commerce Street Fort Worth, TX - Nov 18 - 22, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise