HP Q2 2021 Earnings Report
Key Takeaways
HP Inc. reported fiscal 2021 second quarter results with net revenue of $15.9 billion, up 27.3% year over year. GAAP diluted net EPS was $0.98, and non-GAAP diluted net EPS was $0.93. The company generated $1.3 billion of free cash flow and returned $1.8 billion to shareholders through share repurchases and dividends.
Second quarter GAAP diluted net EPS of $0.98, above the previously provided outlook of $0.82 to $0.88 per share
Second quarter non-GAAP diluted net EPS of $0.93, above the previously provided outlook of $0.84 to $0.90 per share
Second quarter net revenue of $15.9 billion, up 27.3% from the prior-year period
Second quarter free cash flow of $1.3 billion
HP
HP
HP Revenue by Segment
Forward Guidance
For the fiscal 2021 third quarter, HP estimates GAAP diluted net EPS to be in the range of $0.77 to $0.81 and non-GAAP diluted net EPS to be in the range of $0.81 to $0.85. For fiscal 2021, HP estimates GAAP diluted net EPS to be in the range of $3.24 to $3.34 and non-GAAP diluted net EPS to be in the range of $3.40 to $3.50. For fiscal 2021, HP anticipates generating free cash flow of at least $4.0 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income