HP Inc. (HPQ) Tops Q2 EPS by 3c; Lifts Outlook

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HP Inc. Reports Fiscal 2022 Second Quarter Results

May 31, 2022 4:15 PM EDT

PALO ALTO, Calif., May 31, 2022 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

Second quarter GAAP diluted net earnings per share ("EPS") of $0.94, compared to the previously provided outlook of $0.95 to $1.01 per shareSecond quarter non-GAAP diluted net EPS of $1.08, at the high end of the previously provided outlook of $1.02 to $1.08 per shareSecond quarter net revenue of $16.5 billion, up 3.9% from the prior-year periodSecond quarter net cash provided by operating activities of $0.5 billion, free cash flow of $0.4 billionSecond quarter returned $1.3 billion to shareholders in the form of share repurchases and... More