HP Inc. Reports Fiscal 2020 Second Quarter Results

(a) "NM" represents not meaningful.



 
HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY
(Unaudited)
 
  Three months ended  Change (pts)
  April 30, 2020  January 31, 2020  April 30, 2019  Q/Q  Y/Y
Segment operating margin:         
Personal Systems6.6% 6.7% 4.3% (0.1)pts 2.3pts
Printing13.2% 16.0% 16.4% (2.8)pts (3.2)pts
Corporate Investments(a)NM  NM  NM  NM  NM 
Total segment8.7% 9.6% 8.5% (0.9)pts 0.2pts

(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
  April 30, 2020  January 31, 2020  April 30, 2019
Numerator:     
GAAP net earnings$764  $ 678     $ 782  
Non-GAAP net earnings $ 741     $ 956     $ 821  
           
Denominator:          
Weighted-average shares used to compute basic net earnings per share 1,435     1,454     1,529  
Dilutive effect of employee stock plans (a) 5     6     7  
Weighted-average shares used to compute diluted net earnings per share 1,440     1,460     1,536  
           
GAAP diluted net earnings per share $ 0.53     $ 0.46     $ 0.51  
Non-GAAP diluted net earnings per share $ 0.51     $ 0.65     $ 0.53  

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