HP Inc. Reports Fiscal 2020 Third Quarter Results

(a) "NM" represents not meaningful.


HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY
(Unaudited)

  Three months ended  Change (pts) 
  July 31, 2020  April 30, 2020  July 31, 2019  Q/Q  Y/Y 
Segment operating margin:          
Personal Systems5.5% 6.6% 5.6% (1.1)pts (0.1)pts 
Printing12.2% 13.2% 15.6% (1.0)pts (3.4)pts 
Corporate Investments(a)NM NM NM NM NM 
Total segment7.2% 8.7% 8.8% (1.5)pts (1.6)pts 

(a)  "NM" represents not meaningful. 



 HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts) 
  Three months ended
  July 31, 2020  April 30, 2020  July 31, 2019
Numerator:     
GAAP net earnings $ 734     $ 764     $ 1,179  
Non-GAAP net earnings $ 702     $ 741     $ 880  
           
Denominator:          
Weighted-average shares used to compute basic net earnings per share 1,417     1,435     1,499  
Dilutive effect of employee stock plans (a) 6     5     9  
Weighted-average shares used to compute diluted net earnings per share 1,423     1,440     1,508  
           
GAAP diluted net earnings per share $ 0.52     $ 0.53     $ 0.78  
Non-GAAP diluted net earnings per share $ 0.49     $ 0.51     $ 0.58  

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