HP Inc. Reports Fiscal 2017 Full-Year and Fourth Quarter Results

(a) Effective beginning of Q1 FY17, HP implemented an organizational change to align its business unit financial reporting more closely with its current business structure. The organizational change resulted in transfer of a portion of LaserJet printers from Commercial to Consumer within the Printing segment. HP reflected this change to its business unit information in prior reporting periods on an as-if basis which resulted in reclassification of revenues between the Commercial and Consumer business units of Printing. The reporting change had no impact to previously reported segment net revenue, consolidated net revenue, earnings from continuing operations, net earnings or net earnings per share.
 

(b) "NM" represents not meaningful.


 
HP INC. AND SUBSIDIARIES
SEGMENT/BUSINESS UNIT INFORMATION
(Unaudited)
(In millions)
 
  Twelve months ended October 31,  Change (%)
  2017  2016  Y/Y
Net revenue(a):     
Personal Systems     
Notebooks$19,782  $16,982  16%
Desktops10,298  9,956  3%
Workstations2,042  1,870  9%
Other1,252  1,179  6%
Total Personal Systems33,374  29,987  11%
Printing     
Supplies12,416  11,875  5%
Commercial Hardware3,973  4,035  (2)%
Consumer Hardware2,412  2,350  3%
Total Printing18,801  18,260  3%
Corporate Investments8  7  14%
Total segments52,183  48,254  8%
Net revenue eliminations and other(b)(127) (16) NM 
Total net revenue$52,056  $48,238  8%
 

(a) Effective beginning of Q1 FY17, HP implemented an organizational change to align its business unit financial reporting more closely with its current business structure. The organizational change resulted in transfer of a portion of LaserJet printers from Commercial to Consumer within the Printing segment. HP reflected this change to its business unit information in prior reporting periods on an as-if basis which resulted in reclassification of revenues between the Commercial and Consumer business units of Printing. The reporting change had no impact to previously reported segment net revenue, consolidated net revenue, earnings from continuing operations, net earnings or net earnings per share.

(b) "NM" represents not meaningful.


 
HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY DATA
(Unaudited)
 
  Three months ended  Change in Operating Margin (pts)
  October 31,
2017
  July 31,
2017
  October 31,
2016
  Q/Q  Y/Y
Segment operating margin:(a)           
Personal Systems 3.8%     3.7%     4.3%     0.1pts   (0.5)pts
Printing 16.6%     17.3%     14.0%     (0.7)pts   2.6pts
Corporate Investments (b) NM     NM     NM     NM   NM
Total segments 8.1%     8.4%     7.6%     (0.3)pts   0.5pts
                         

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »
Featured Video
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Mechanical Engineer 3 for Lam Research at Fremont, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 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