HP, Inc. (HPQ) Tops Q2 EPS by 3c; Guides Q3 EPS Below Views

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HP Inc. Reports Second Quarter Fiscal 2016 Results

May 25, 2016 4:05 PM EDT

PALO ALTO, CA -- (Marketwired) -- 05/25/16 -- HP (NYSE: HPQ)

Second quarter non-GAAP diluted net earnings per share from continuing operations of $0.41 -- above the previously provided outlook of $0.35 to $0.40 per share Second quarter GAAP diluted net earnings per share from continuing operations of $0.38 -- within the previously provided outlook of $0.33 to $0.38 per share Second quarter net cash provided by operating activities of $1.6 billion Second quarter net revenue of $11.6 billion, down 11% (down 5% in constant currency) from the prior-year period Second quarter returned $518 million to shareholders in the form... More