HP Inc. (HPQ) Tops Q2 EPS by 6c, Q3 EPS Guidance Misses Consensus

Go back to HP Inc. (HPQ) Tops Q2 EPS by 6c, Q3 EPS Guidance Misses Consensus

HP Inc. Reports Fiscal 2020 Second Quarter Results

May 27, 2020 4:05 PM EDT

PALO ALTO, Calif., May 27, 2020 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

Second quarter GAAP diluted net earnings per share ("EPS") of $0.53, above the previously provided outlook of $0.46 to $0.50 per share Second quarter non-GAAP diluted net EPS of $0.51, within the previously provided outlook of $0.49 to $0.53 per share  Second quarter net revenue of $12.5 billion, down 11.2% from the prior-year period   Second quarter net cash used in operating activities of $(0.5) billion, free cash flow of $(0.6) billion  Second quarter returned $0.4 billion to shareholders in the form of share repurchases and... More