HP Inc. Reports Fiscal 2024 Full Year and Fourth Quarter Results

PALO ALTO, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

  • Fiscal 2024 GAAP diluted net earnings per share ("EPS") of $2.81, above the previously provided outlook of $2.62 to $2.72 per share
  • Fiscal 2024 non-GAAP diluted net EPS of $3.38, within the previously provided outlook of $3.35 to $3.45 per share
  • Fiscal 2024 net revenue of $53.6 billion, down 0.3% from the prior-year period
  • Fiscal 2024 net cash provided by operating activities of $3.7 billion, free cash flow of $3.3 billion
  • Fiscal 2024 returned $3.2 billion to shareholders in the form of share repurchases and dividends
  • Fourth quarter GAAP diluted net EPS of $0.93, above the previously provided outlook of $0.74 to $0.84 per share
  • Fourth quarter non-GAAP diluted net EPS of $0.93, within the previously provided outlook of $0.89 to $0.99 per share
  • Fourth quarter net revenue of $14.1 billion, up 1.7% from the prior-year period
  • Fourth quarter net cash provided by operating activities of $1.6 billion, free cash flow of $1.5 billion
  • Fourth quarter returned $1.2 billion to shareholders in the form of share repurchases and dividends
  • HP Inc. announces dividend increase of 5%
HP Inc.'s fiscal 2024 full-year and fourth quarter financial performance
 FY24 FY23 Y/Y Q4 FY24 Q4 FY23 Y/Y
GAAP net revenue ($B)$53.6  $53.7  (0.3)% $14.1  $13.8  1.7%
GAAP operating margin 7.1%  6.4% 0.7 pts  7.1%  7.3% (0.2) pts
GAAP net earnings ($B)$2.8  $3.3  (15)% $0.9  $1.0  (7)%
GAAP diluted net EPS$2.81    $ 3.26     (14)%   $ 0.93     $ 0.97     (4)%
Non-GAAP operating margin   8.4 %     8.5 %   (0.1) pts     8.5 %     9.0 %   (0.5) pts
Non-GAAP net earnings ($B) $ 3.3     $ 3.3     2%   $ 0.9     $ 0.9     —%
Non-GAAP diluted net EPS $ 3.38     $ 3.28     3%   $ 0.93     $ 0.90     3%
Net cash provided by operating activities ($B) $ 3.7     $ 3.6     5%   $ 1.6     $ 2.0     (18)%
Free cash flow ($B) $ 3.3     $ 3.1     8%   $ 1.5     $ 1.9     (19)%

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalGISCafe Guest
by Sanjay Gangal
Industry Predictions 2025 – Mosaic
Jobs
Geoprocessing Product Engineer II for ESRI at Redlands, California
Lidar Data Manager for Washington State Department of Natural Resources at Olympia, Washington
Sr. GIS Apps Product Engineer for ESRI at Portland, ME, Maine
Sr. GIS Apps Product Engineer for ESRI at Portland, Oregon
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Upcoming Events
XPONENTIAL Europe 2025 at Düsseldorf Germany - Feb 18 - 20, 2025
2025 Los Angeles Geospatial Summit at USC Hotel 540 S Figueroa St Los Angeles - Feb 28, 2025
2025 GIS/Valuation Technologies Conference at United States - Mar 3 - 6, 2025
Esri Southeast User Conference at Atlanta Marriott Marquis Atlanta GA - Apr 8 - 9, 2025



© 2025 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