earnings
confidence high
sentiment neutral
materiality 0.75
HP Q3 GAAP EPS $1.08 beats guidance; revenue down 4.1% YoY to $14.7B
HP INC
2022-Q3 EPS reported
$3.01
revenue$48,182,000,000
- GAAP diluted EPS $1.08 above outlook range of $0.91–$0.96; non-GAAP EPS $1.04 in line with $1.03–$1.08.
- Net revenue $14.7B, down 4.1% YoY; Personal Systems revenue $10.7B (-3%), Printing $4.6B (-6%).
- Free cash flow $0.3B, down 72% YoY; operating cash flow $0.4B, down 64%.
- Returned $1.3B to shareholders via share repurchases and dividends in the quarter.
- GAAP operating margin 8.7% (down 0.3 pts); non-GAAP operating margin 9.5% (down 0.3 pts).