HP Inc. Reports Fiscal 2020 Second Quarter Results

PALO ALTO, Calif., May 27, 2020 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

  • Second quarter GAAP diluted net earnings per share ("EPS") of $0.53, above the previously provided outlook of $0.46 to $0.50 per share 
  • Second quarter non-GAAP diluted net EPS of $0.51, within the previously provided outlook of $0.49 to $0.53 per share  
  • Second quarter net revenue of $12.5 billion, down 11.2% from the prior-year period   
  • Second quarter net cash used in operating activities of $(0.5) billion, free cash flow of $(0.6) billion  
  • Second quarter returned $0.4 billion to shareholders in the form of share repurchases and dividends
HP Inc. fiscal 2020 second quarter financial performance 
  Q2 FY20 Q2 FY19 Y/Y 
GAAP net revenue ($B) $12.5  $14.0  (11.2)% 
GAAP operating margin  6.6%   6.6%  -  
GAAP net earnings ($B) $0.8  $0.8  (2.3)% 
GAAP diluted net EPS $0.53  $0.51  3.9% 
Non-GAAP operating margin  7.5%   7.4%  0.1 pts 
Non-GAAP net earnings ($B) $0.7  $0.8  (9.7)% 
Non-GAAP diluted net EPS $0.51  $0.53  (3.8)% 
Net cash (used in) provided by operating activities ($B) $(0.5) $0.9  NM 
Free cash flow ($B) $(0.6)   $ 0.7     NM  

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
The Math of Inflation and the Self-Correcting Base Level Effect
Jobs
BIM Specialist - Architecture for Microdesk at Nashua, New Hampshire
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
CAD/BIM Specialist for LandDesign Inc. at Charlotte, North Carolina
GIS Specialist for Washington City Utah at Washington, Utah
Account Executive - ArcGIS Hub for ESRI at Redlands, California
MECHANICAL ENGINEERING for L3Harris at Hamilton,, Canada
Upcoming Events
Building Innovation 2022 at Mayflower Hotel MD - Sep 26 - 28, 2022
10th Annual Global EPC Summit London September 2022 at London, UK United Kingdom - Sep 28 - 30, 2022



© 2022 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