HP Inc. Reports Fiscal 2023 Second Quarter Results

(a)Includes tax impact on non-GAAP adjustments.


HP INC. AND SUBSIDIARIES
ADJUSTMENTS TO GAAP NET EARNINGS, EARNINGS FROM OPERATIONS,
OPERATING MARGIN AND DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)
 
  Six months ended
  April 30, 2023  April 30, 2022
  Amounts  Diluted
net earnings
per share
  Amounts  Diluted
net earnings
per share
GAAP net earnings$1,553  $1.56  $2,086  $1.94 
Non-GAAP adjustments:       
Restructuring and other charges 341   0.34   150   0.13 
Acquisition and divestiture charges 157   0.16   52   0.05 
Amortization of intangible assets 171   0.17       104       0.10  
Debt extinguishment costs   8       0.01              
Non-operating retirement-related credits   (22 )     (0.02 )     (69 )     (0.06 )
Tax adjustments (a)   (662 )     (0.67 )     32       0.02  
Non-GAAP net earnings $ 1,546     $ 1.55     $ 2,355     $ 2.18  
               
GAAP earnings from operations $ 1,527         $ 2,637      
Non-GAAP adjustments:              
Restructuring and other charges   341           150      
Acquisition and divestiture charges   157           52      
Amortization of intangible assets   171           104      
Non-GAAP earnings from operations $ 2,196         $ 2,943      
               
GAAP operating margin   5.7 %         7.9 %    
Non-GAAP adjustments   2.5 %         0.9 %    
Non-GAAP operating margin   8.2 %         8.8 %    



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  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
Business Technology Analyst for Surface Water Management at Everett, Washington
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Upcoming Events
Dimensions User Conference 2024 at The Venetian Resort Las Vegas NV - Nov 11 - 13, 2024
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