HP Inc. Reports Fiscal 2024 Third Quarter Results

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 share
  • Third quarter non-GAAP diluted net EPS of $0.83, within the previously provided outlook of $0.78 to $0.92 per share
  • Third quarter net revenue of $13.5 billion, up 2.4% from the prior-year period
  • Third quarter net cash provided by operating activities of $1.4 billion, free cash flow of $1.3 billion
  • Third quarter returned $0.9 billion to shareholders in the form of share repurchases and dividends
  • Share repurchase authorization increased to $10.0 billion
HP Inc.'s fiscal 2024 third quarter financial performance
 Q3 FY24Q3 FY23Y/Y
GAAP net revenue ($B)$13.5  $13.2  2.4%
GAAP operating margin 7.0%   7.2%  (0.2) pts
GAAP net earnings ($B)$0.6  $0.8  (16)%
GAAP diluted net EPS$0.65  $0.76  (14)%
Non-GAAP operating margin 8.1%   8.8%  (0.7) pts
Non-GAAP net earnings ($B)$0.8  $0.9  (5)%
Non-GAAP diluted net EPS$0.83  $0.86  (3)%
Net cash provided by operating activities ($B)$1.4  $1.0  46%
Free cash flow ($B) $ 1.3     $ 0.9     50 %

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16  Next Page »
Featured Video
Latest Blog Posts
Sanjay GangalAECCafe Today
by Sanjay Gangal
AEC Industry Predictions for 2025 — vGIS
Sanjay GangalIndustry Predictions
by Sanjay Gangal
AEC Industry Predictions for 2025 — QeCAD
Jobs
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Upcoming Events
Consumer Electronics Show 2025 - CES 2025 at Las Vegas Convention Center Las Vegas NV - Jan 7 - 10, 2025
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
Geospatial World Forum 2025 at Madrid Marriott Auditorium Madrid Spain - Apr 22 - 25, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise