HP Inc. Reports Fiscal 2021 Third Quarter Results


HP INC. AND SUBSIDIARIES
ADJUSTMENTS TO GAAP NET EARNINGS, EARNINGS FROM OPERATIONS,
OPERATING MARGIN AND DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)

  Three months ended
  July 31, 2021  April 30, 2021  July 31, 2020
  Amounts  Diluted
net earnings
per share
  Amounts  Diluted
net earnings
per share
  Amounts  Diluted
net earnings
per share
GAAP net earnings$1,108  $0.92  $1,228  $0.98  $734  $0.52 
Non-GAAP adjustments:           
Restructuring and other charges56  0.04  39  0.02  59  0.04 
Acquisition-related charges24  0.02  10  0.01  11  0.01 
Amortization of intangible assets42     0.04     32     0.03     29     0.02  
Debt extinguishment costs 16     0.01             40     0.03  
Non-operating retirement-related credits (39 )   (0.03 )   (38 )   (0.03 )   (55 )   (0.04 )
Tax adjustments (a) (9 )       (113 )   (0.08 )   (116 )   (0.09 )
Non-GAAP net earnings $ 1,198     $ 1.00     $ 1,158     $ 0.93     $ 702     $ 0.49  
                       
GAAP earnings from operations $ 1,381         $ 1,362         $ 779      
Non-GAAP adjustments:                      
Restructuring and other charges 56         39         59      
Acquisition-related charges 24         10         11      
Amortization of intangible assets 42         32         29      
Non-GAAP earnings from operations $ 1,503         $ 1,443         $ 878      
                       
GAAP operating margin   9.0 %         8.6 %         5.4 %    
Non-GAAP adjustments   0.8 %         0.5 %         0.7 %    
Non-GAAP operating margin   9.8 %         9.1 %         6.1 %    

(a)      Includes tax impact on non-GAAP adjustments.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  Next Page »



Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Dr. Biplab SarkarVectorworks Blog
by Dr. Biplab Sarkar
See How You Can Design Without Limits With Vectorworks
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
Two Outstanding News Items from Sept’s U.S. and Canadian Jobs Reports
Jobs
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
Senior Highway Engineer for RS&H at Jacksonville, Florida
Geographic Information System Developer for City of Ithaca at ithaca, New York
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
Product Design Engineer - Softgoods for Apple Inc at Cupertino, California
Upcoming Events
Built Environment Summit: 1.5°C Climate Actions at London United Kingdom - Oct 27 - 29, 2021
ASEAN Super 8 2021 at Kuala Lumpur. Malaysia - Nov 9 - 11, 2021
Resilient and Responsible Architecture and Urbanism (RRAU) Conference 2021 at Jalan Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor Darul Ehsan, Malaysia kuala lumpur Malaysia - Nov 16 - 18, 2021
Digital Construction Week at ExCeL London. United Kingdom - Nov 24 - 25, 2021



© 2021 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