PALO ALTO, Calif., Nov. 21, 2017 (GLOBE NEWSWIRE) -- HP (NYSE:HPQ)
● | Fiscal 2017 GAAP diluted net earnings per share from continuing operations of $1.48, within the previously provided outlook of $1.46 to $1.50 per share
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● | Fiscal 2017 non-GAAP diluted net earnings per share of $1.65, within the previously provided outlook of $1.63 to $1.66 per share |
● | Fiscal 2017 net revenue of $52.1 billion, up 8% (up 9% in constant currency) from the prior-year period |
● | Fiscal 2017 net cash provided by operating activities of $3.7 billion |
● | Fiscal 2017 returned $2.3 billion to shareholders in the form of share repurchases and dividends |
● | Fourth quarter GAAP diluted net earnings per share from continuing operations of $0.39, within the previously provided outlook of $0.37 to $0.41 per share |
● | Fourth quarter non-GAAP diluted net earnings per share of $0.44, within the previously provided outlook of $0.42 to $0.45 per share |
● | Fourth quarter net revenue of $13.9 billion, up 11% (up 12% in constant currency) from the prior-year period |
● | Fourth quarter net cash provided by operating activities of $0.7 billion |
● | Fourth quarter returned $722 million to shareholders in the form of share repurchases and dividends |
HP Inc.'s fiscal 2017 full-year and fourth quarter financial performance | |||||||||||||||||||||||||
FY17 | FY16 | Y/Y | Q4 FY17 | Q4 FY16 | Y/Y | ||||||||||||||||||||
GAAP net revenue ($B) | $ | 52.1 | $ | 48.2 | 8% | $ | 13.9 | $ | 12.5 | 11% | |||||||||||||||
GAAP operating margin from continuing operations | 6.8% | 7.4% | (0.6) pts | 6.4% | 5.3% | 1.1 pts | |||||||||||||||||||
GAAP net earnings from continuing operations ($B) | $ | 2.5 | $ | 2.7 | (5)% | $ | 0.7 | $ | 0.5 | 29% | |||||||||||||||
GAAP diluted net earnings per share from continuing operations | $ | 1.48 | $ | 1.53 | (3)% | $ | 0.39 | $ | 0.30 | 30% | |||||||||||||||
Non-GAAP operating margin | 7.4% | 7.9% | (0.5) pts | 7.3% | 7.0% | 0.3 pts | |||||||||||||||||||
Non-GAAP net earnings ($B) | $ | 2.8 | $ | 2.8 | 1% | $ | 0.7 | $ | 0.6 | 22% | |||||||||||||||
Non-GAAP diluted net earnings per share | $ | 1.65 | $ | 1.60 | 3% | $ | 0.44 | $ | 0.36 | 22% | |||||||||||||||
Net cash provided by operating activities ($B) | $ | 3.7 | $ | 3.3 | 13% | $ | 0.7 | $ | 0.7 | (3)% | |||||||||||||||