HP Inc. Reports Fiscal 2020 First Quarter Results

 
HP INC. AND SUBSIDIARIES
ADJUSTMENTS TO GAAP NET EARNINGS, EARNINGS FROM OPERATIONS,
OPERATING MARGIN AND DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)
  
  Three months ended
  January 31, 2020  October 31, 2019  January 31, 2019
  Amounts  Diluted
net
earnings
per share
  Amounts  Diluted
net
earnings
per share
  Amounts  Diluted
net
earnings
per share
GAAP net earnings$678  $0.46  $388  $0.26  $803  $0.51 
Non-GAAP adjustments:           
Restructuring and other charges291  0.20  134  0.09  55  0.04 
Acquisition-related charges    23  0.02  10  0.01 
Amortization of intangible assets26  0.02  29  0.02  29  0.02 
Non-operating retirement-related credits(57) (0.04) (25) (0.02 )   (12 )   (0.01 )
Tax adjustments (a) 18     0.01     350     0.23     (76 )   (0.05 )
Non-GAAP net earnings $ 956     $ 0.65     $ 899     $ 0.60     $ 809     $ 0.52  
                       
GAAP earnings from operations $ 865         $ 944         $ 926      
Non-GAAP adjustments:                      
Restructuring and other charges 291         134         55      
Acquisition-related charges         23         10      
Amortization of intangible assets 26         29         29      
Non-GAAP earnings from operations $ 1,182         $ 1,130         $ 1,020      
                       
GAAP operating margin 6 %       6 %       6 %    
Non-GAAP adjustments 2 %       1 %       1 %    
Non-GAAP operating margin 8 %       7 %       7 %    

(a)  Includes tax impact on non-GAAP adjustments.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »
Featured Video
Jobs
GPU Design Verification Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 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