Goldman Sachs Reiterates Neutral Rating on HP, Inc. (HPQ)

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Go back to Goldman Sachs Reiterates Neutral Rating on HP, Inc. (HPQ)

HP Inc. Reports Fiscal 2024 Third Quarter Results

August 28, 2024 4:15 PM EDT

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

Third quarter GAAP diluted net earnings per share ("EPS") of $0.65, within the previously provided outlook of $0.63 to $0.77 per shareThird quarter non-GAAP diluted net EPS of $0.83, within the previously provided outlook of $0.78 to $0.92 per shareThird quarter net revenue of $13.5 billion, up 2.4% from the prior-year periodThird quarter net cash provided by operating activities of $1.4 billion, free cash flow of $1.3 billionThird quarter returned $0.9 billion to shareholders in the form of share repurchases and dividendsShare repurchase authorization increased... More