earnings
confidence high
sentiment neutral
materiality 0.75
HP Q2 GAAP EPS $1.07 beats guidance; revenue $12.9B down 22% YoY
HP INC
2023-Q2 EPS reported
$1.56
revenue$26,741,000,000
- GAAP diluted EPS of $1.07, above outlook of $0.40-$0.50; non-GAAP EPS $0.80, within $0.73-$0.83.
- Net revenue $12.9B, down 21.7% YoY from $16.5B.
- GAAP operating margin 5.9% vs 7.8% YoY; non-GAAP operating margin 8.7% vs 8.8% YoY.
- Cash from ops $0.6B, free cash flow $0.5B; returned $0.3B in dividends.
- GAAP net earnings $1.1B (+7% YoY); non-GAAP net earnings $0.8B (-31% YoY).