HP Q4 2020 Earnings Report
Key Takeaways
HP Inc. reported a strong fourth quarter with revenue of $15.3 billion, a GAAP diluted net EPS of $0.49, and a non-GAAP diluted net EPS of $0.62. The company saw sequential growth in revenue, operating profit, non-GAAP EPS, and cash flow. HP had record unit shipments in the quarter.
Fourth quarter GAAP diluted net EPS of $0.49, above the previously provided outlook of $0.32 to $0.36 per share
Fourth quarter non-GAAP diluted net EPS of $0.62, above the previously provided outlook of $0.50 to $0.54 per share
Fourth quarter net revenue of $15.3 billion, down 1.0% from the prior-year period
Fourth quarter net cash provided by operating activities of $1.9 billion, free cash flow of $1.8 billion
HP
HP
HP Revenue by Segment
Forward Guidance
For the fiscal 2021 first quarter, HP estimates GAAP diluted net EPS to be in the range of $0.58 to $0.64 and non-GAAP diluted net EPS to be in the range of $0.64 to $0.70.
Revenue & Expenses
Visualization of income flow from segment revenue to net income