HP Inc. (HPQ) Reports In-Line Q1 EPS, Revenue Misses, Offers Guidance

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HP Inc. Reports Fiscal 2024 First Quarter Results

February 28, 2024 4:15 PM EST

PALO ALTO, Calif, Feb. 28, 2024 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

First quarter GAAP diluted net earnings per share ("EPS") of $0.62, within the previously provided outlook of $0.60 to $0.70 per shareFirst quarter non-GAAP diluted net EPS of $0.81, within the previously provided outlook of $0.76 to $0.86 per shareFirst quarter net revenue of $13.2 billion, down 4.4% from the prior-year periodFirst quarter net cash provided by operating activities of $121 million, free cash flow of $25 millionFirst quarter returned $0.8 billion to shareholders in the form of share repurchases and dividends... More