HP Inc. Reports Fiscal 2023 Third Quarter Results

(b)    "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, 2023  April 30, 2023  July 31, 2022
Numerator:     
GAAP net earnings$766  $1,054  $1,122 
Non-GAAP net earnings$859  $785  $1,066 
      
Denominator:     
Weighted-average shares used to compute basic net earnings per share 993   991   1,024 
Dilutive effect of employee stock plans(a) 9    7       11  
Weighted-average shares used to compute diluted net earnings per share   1,002       998       1,035  
           
GAAP diluted net earnings per share $ 0.76     $ 1.06     $ 1.08  
Non-GAAP diluted net earnings per share $ 0.86     $ 0.79     $ 1.03  
 

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