HP Q1 2022 Earnings Report
Key Takeaways
HP Inc. reported fiscal 2022 first quarter results with net revenue of $17.0 billion, up 8.8% from the prior-year period. GAAP diluted net EPS was $0.99, and non-GAAP diluted net EPS was $1.10.
First quarter GAAP diluted net earnings per share (EPS) of $0.99, above the previously provided outlook of $0.92 to $0.98 per share
First quarter non-GAAP diluted net EPS of $1.10, above the previously provided outlook of $0.99 to $1.05 per share
First quarter net revenue of $17.0 billion, up 8.8% from the prior-year period
First quarter net cash provided by operating activities of $1.7 billion, free cash flow of $1.4 billion
HP
HP
HP Revenue by Segment
Forward Guidance
For the fiscal 2022 second quarter, HP estimates GAAP diluted net EPS to be in the range of $0.95 to $1.01 and non-GAAP diluted net EPS to be in the range of $1.02 to $1.08.
Revenue & Expenses
Visualization of income flow from segment revenue to net income