UBS Cuts Price Target on Hewlett-Packard (HPQ) to $36 Following 3Q15 Earnings

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Go back to UBS Cuts Price Target on Hewlett-Packard (HPQ) to $36 Following 3Q15 Earnings

HP Reports Fiscal 2015 Third Quarter Results

August 20, 2015 4:05 PM EDT

PALO ALTO, CA -- (Marketwired) -- 08/20/15 -- HP (NYSE: HPQ)

Third quarter net revenue of $25.3 billion Third quarter non-GAAP diluted net earnings per share of $0.88, versus the previously provided outlook of $0.83 to $0.87 per share Third quarter GAAP diluted net earnings per share of $0.47, versus the previously provided outlook of $0.50 to $0.54 per share Third quarter cash flow from operations of $1.7 billion Returned $670 million to shareholders in the form of share repurchases and dividends in the third quarter

HP fiscal 2015 third quarter financial performance

Q3 FY15 Q3 FY14 Y/Y GAAP net revenue ($B) $25.3 $27.6 (8%) GAAP... More