HP Inc. Reports Fiscal 2020 Full Year and Fourth Quarter Results

(a)      "NM" represents not meaningful.

HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY
(Unaudited)


  Three months ended  Change (pts)
  October 31, 2020  July 31, 2020  October 31, 2019  Q/Q  Y/Y
Segment operating margin:         
Personal Systems5.1% 5.5% 5.3% (0.4) pts (0.2) pts
Printing14.8% 12.2% 15.6% 2.6 pts (0.8) pts
Corporate Investments(a)NM NM NM NM NM
Total segment 8.0% 7.2% 8.5% 0.8 pts (0.5) pts

(a)      "NM" represents not meaningful.

HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)


  Three months ended
  October 31, 2020  July 31, 2020  October 31, 2019
Numerator:     
GAAP net earnings$668   $734   $388  
Non-GAAP net earnings$835   $ 702      $ 899   
           
Denominator:          
Weighted-average shares used to compute basic net earnings per share 1,347      1,417      1,476   
Dilutive effect of employee stock plans (a)         10   
Weighted-average shares used to compute diluted net earnings per share 1,356      1,423      1,486   
           
GAAP diluted net earnings per share $ 0.49      $ 0.52      $ 0.26   
Non-GAAP diluted net earnings per share $ 0.62      $ 0.49      $ 0.60   

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