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

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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