HP Inc. (HPQ) Reports In-Line Q4 EPS, EPS Guidance Misses, Plans Job Cuts

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Go back to HP Inc. (HPQ) Reports In-Line Q4 EPS, EPS Guidance Misses, Plans Job Cuts

HP Inc. Reports Fiscal 2022 Full Year and Fourth Quarter Results; Announces Dividend Increase and Future Ready Transformation

November 22, 2022 4:15 PM EST

PALO ALTO, Calif., Nov. 22, 2022 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

Fiscal 2022 GAAP diluted net earnings per share ("EPS") of $3.05, below the previously provided outlook of $3.46 to $3.56 per shareFiscal 2022 non-GAAP diluted net EPS of $4.08, within the previously provided outlook of $4.02 to $4.12 per shareFiscal 2022 net revenue of $63.0 billion, down 0.8% from the prior-year period                     Fiscal 2022 net cash provided by operating activities of $4.5 billion, free cash flow of $3.9 billionFiscal 2022 returned $5.3 billion to shareholders in the form of share repurchases and dividendsFourth quarter GAAP diluted net EPS was negligible, below the previously provided... More