secwatch.observer — SEC 8-K summary
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Issuer:     HP INC (HPQ)
CIK:        0000047217
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0000047217-24-000068
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HP Q3 revenue up 2.4% to $13.5B; GAAP EPS $0.65, non-GAAP $0.83; $10B buyback authorized
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- Net revenue $13.5B, +2.4% YoY; GAAP EPS $0.65 (guidance $0.63-$0.77); non-GAAP EPS $0.83 (guidance $0.78-$0.92).
- GAAP net earnings $0.6B (-16% YoY); non-GAAP net earnings $0.8B (-5%).
- GAAP operating margin 7.0% (down 0.2 pts); non-GAAP margin 8.1% (down 0.7 pts).
- Free cash flow $1.3B, +50% YoY; returned $0.9B to shareholders via buybacks and dividends.
- Board increased share repurchase authorization to $10.0B total, with no expiration date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/47217/000004721724000068/0000047217-24-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47217/000004721724000068/hpq-20240827.htm
  HTML page:      https://secwatch.observer/filing/0000047217-24-000068

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