earnings
confidence high
sentiment negative
materiality 0.80
HP Q1 FY2023 revenue down 18.8% YoY; GAAP EPS $0.49, non-GAAP $0.75
HP INC
2023-Q1 EPS reported
$0.49
revenue$13,828,000,000
- GAAP diluted EPS $0.49 (within $0.47-$0.57 outlook); non-GAAP diluted EPS $0.75 (within $0.70-$0.80 outlook).
- Net revenue $13.8B, down 18.8% YoY; GAAP net earnings $0.5B, down 55% YoY.
- GAAP operating margin 5.5% vs 8.0% prior year; non-GAAP operating margin 7.8% vs 8.8%.
- Free cash flow -$0.2B vs +$1.4B prior year; returned $0.4B to shareholders via buybacks and dividends.