HP Inc. (HPQ) Tops Q1 EPS by 1c, Revenue Light, Offers Guidance

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Go back to HP Inc. (HPQ) Tops Q1 EPS by 1c, Revenue Light, Offers Guidance

HP Inc. Reports Fiscal 2023 First Quarter Results

February 28, 2023 4:15 PM EST

PALO ALTO, Calif., Feb. 28, 2023 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

First quarter GAAP diluted net earnings per share ("EPS") of $0.49, within the previously provided outlook of $0.47 to $0.57 per shareFirst quarter non-GAAP diluted net EPS of $0.75, within the previously provided outlook of $0.70 to $0.80 per shareFirst quarter net revenue of $13.8 billion, down 18.8% from the prior-year periodFirst quarter net cash used in operating activities of $(16) million, free cash flow of $(0.2) billionFirst quarter returned $0.4 billion to shareholders in the form of share repurchases and dividends... More