HP Inc. Reports Fiscal 2018 Second Quarter Results

(a) Effective at the beginning of its first quarter of fiscal year 2018, HP implemented an organizational change to align its segment and business unit financial reporting more closely with its current business structure. The organizational change resulted in the transfer of long life consumables from Commercial to Supplies within the Printing segment. Certain revenues related to service arrangements, which are being eliminated for the purposes of reporting HP’s consolidated net revenue, have now been reclassified from Other to segments. HP has reflected this change to its segment and business unit information in prior reporting periods on an as-if basis. The reporting change had no impact to previously reported consolidated net revenue, earnings from operations, net earnings or net earnings per share.
 

(b) "NM" represents not meaningful.

 
HP INC. AND SUBSIDIARIES
SEGMENT/BUSINESS UNIT INFORMATION
(Unaudited)
(In millions)
 
  Six months ended April 30,  Change (%)
  2018  2017  Y/Y
Net revenue:(a)     
Personal Systems     
Notebooks$10,748  $9,383  15%
Desktops5,707  4,911  16%
Workstations1,081  986  10%
Other666  589  13%
Total Personal Systems18,202  15,869  15%
Printing     
Supplies6,785  6,223  9%
Commercial Hardware2,256  1,775  27%
Consumer Hardware1,276  1,194  7%
Total Printing10,317  9,192  12%
Corporate Investments2  5  (60)%
Total segments28,521  25,066  14%
Other(b)(1) 3  NM
Total net revenue$28,520  $25,069  14%
           

(a) Effective at the beginning of its first quarter of fiscal year 2018, HP implemented an organizational change to align its segment and business unit financial reporting more closely with its current business structure. The organizational change resulted in the transfer of long life consumables from Commercial to Supplies within the Printing segment. Certain revenues related to service arrangements, which are being eliminated for the purposes of reporting HP’s consolidated net revenue, have now been reclassified from Other to segments. HP has reflected this change to its segment and business unit information in prior reporting periods on an as-if basis. The reporting change had no impact to previously reported consolidated net revenue, earnings from operations, net earnings or net earnings per share.
 

(b) "NM" represents not meaningful.

 
HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY
(Unaudited)
    
  Three months ended  Change in Operating Margin (pts)
  April 30,
2018
  January 31,
2018
  April 30,
2017
  Q/Q   Y/Y
Segment operating margin: (a)                  
Personal Systems 3.8 %   3.6 %   3.2 %   0.2 %   0.6 %
Printing 16.0 %   15.8 %   17.3 %   0.2 %   (1.3 )%
Corporate Investments (b)     NM       NM       NM       NM       NM
Total segments 8.2 %   7.7 %   8.4 %   0.5 %   (0.2 )%
                             

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »
Featured Video
Editorial
More Editorial  
Jobs
CAD Engineer for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Upcoming Events
MEMS & Sensors Executive Congress (MSEC 2024) at Château-Bromont Hotel in Bromont Quebec Canada - Oct 7 - 9, 2024
PCB West 2024 at Santa Clara Convention Center Santa Clara CA - Oct 8 - 11, 2024
DVcon Europe 2024 at Holiday Inn Munich City Center, Munich Germany - Oct 15 - 16, 2024
International Test Conference (ITC) at United States - Nov 3 - 8, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise