From GlobeNewswire: 2024-05-29 16:15:00

HP Inc. reported second quarter financial results, including $12.8 billion in net revenue, $0.61 in GAAP diluted net EPS, and $0.82 in non-GAAP diluted net EPS. The company generated $0.6 billion in net cash provided by operating activities and $0.5 billion in free cash flow. They also returned $0.4 billion to shareholders in dividends and share repurchases. Personal Systems net revenue increased by 3%, while Printing net revenue decreased by 8% year over year. For the fiscal 2024 third quarter, HP estimates GAAP diluted net EPS to be $0.63 to $0.77 and non-GAAP diluted net EPS to be $0.78 to $0.92. For fiscal 2024, HP anticipates generating free cash flow in the range of $3.1 to $3.6 billion.



Read more at GlobeNewswire:: HP Inc. Reports Fiscal 2024 Second Quarter Results