HP said second-quarter fiscal 2024 net revenue was $12.8 billion, down 0.8% from the prior-year period. GAAP diluted net EPS was $0.61, and non-GAAP diluted net EPS was $0.82.

1. 01

   HP said second-quarter fiscal 2024 net revenue was $12.8 billion, down 0.8% from the prior-year period. GAAP diluted net EPS was $0.61, and non-GAAP diluted net EPS was $0.82.

2. 02

   The company said Personal Systems net revenue for Q2 was $8.4 billion, up 3% year over year, with an operating margin of 6.0%, and Printing net revenue was $4.4 billion, down 8% year over year, with an operating margin of 19.0%.

3. 03

   HP said net cash provided by operating activities for Q2 was $581 million and free cash flow was $481 million. It said the dividend was $0.2756 per share, using $0.3 billion of cash in the same quarter, and that it spent $0.1 billion to repurchase about 3.5 million shares.

4. 04

   HP said it expects GAAP diluted net EPS for the fiscal 2024 third quarter to be between $0.63 and $0.77, and non-GAAP diluted net EPS to be between $0.78 and $0.92. For the full year, it presented non-GAAP diluted net EPS of $3.30 to $3.60 and free cash flow of $3.1 to $3.6 billion.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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