PALO ALTO, Calif., Nov. 26, 2019 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)
| ● | Fiscal 2019 GAAP diluted net earnings per share (“EPS”) of $2.07, below the previously provided outlook of $2.31 to $2.35 per share
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| ● | Fiscal 2019 non-GAAP diluted net EPS of $2.24, above the previously provided outlook of $2.18 to $2.22 per share |
| ● | Fiscal 2019 net revenue of $58.8 billion, up 0.5% from the prior-year period |
| ● | Fiscal 2019 net cash provided by operating activities of $4.7 billion, free cash flow of $4.0 billion |
| ● | Fiscal 2019 returned $3.4 billion to shareholders in the form of share repurchases and dividends |
| ● | Fourth quarter GAAP diluted net EPS of $0.26, below the previously provided outlook of $0.51 to $0.55 per share |
| ● | Fourth quarter non-GAAP diluted net EPS of $0.60, above the previously provided outlook of $0.55 to $0.59 per share |
| ● | Fourth quarter net revenue of $15.4 billion, up 0.3% from the prior-year period |
| ● | Fourth quarter net cash provided by operating activities of $0.6 billion, free cash flow of $0.4 billion |
| ● | Fourth quarter returned $0.7 billion to shareholders in the form of share repurchases and dividends |
| HP Inc.'s fiscal 2019 full-year and fourth quarter financial performance | |||||||||||||||
| FY19
| FY18
| Y/Y | Q4 FY19
| Q4 FY18
| Y/Y | ||||||||||
| GAAP net revenue ($B) | $ | 58.8 | $ | 58.5 | 0.5% | $ | 15.4 | $ | 15.4 | 0.3% | |||||
| GAAP operating margin | 6.6% | 6.6% | - | 6.1% | 6.5% | (0.4) pts | |||||||||
| GAAP net earnings ($B) | $ | 3.2 | $ | 5.3 | (41)% | $ | 0.4 | $ | 1.5 | (73)% | |||||
| GAAP diluted net EPS | $ | 2.07 | $ | 3.26 | (37)% | $ | 0.26 | $ | 0.91 | (71)% | |||||
| Non-GAAP operating margin | 7.3% | 7.1% | 0.2 pts | 7.3% | 7.0% | 0.3 pts | |||||||||
| Non-GAAP net earnings ($B) | $ | 3.4 | $ | 3.3 | 3% | $ | 0.9 | $ | 0.9 | 4% | |||||
| Non-GAAP diluted net EPS | $ | 2.24 | $ | 2.02 | 11% | $ | 0.60 | $ | 0.54 | 11% | |||||
| Net cash provided by operating activities ($B) | $ | 4.7 | $ | 4.5 | 3% | $ | 0.6 | $ | 1.0 | (39)% | |||||
| Free cash flow ($B) | $ | 4.0 | $ | 4.2 | (4)% | $ | 0.4 | $ | 0.8 | (53)% | |||||
