HP Inc. Reports Fiscal 2020 Third 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
  July 31, 2020  April 30, 2020  July 31, 2019
  Amounts  Diluted
net earnings
per share
  Amounts  Diluted
net earnings
per share
  Amounts  Diluted
net earnings
per share
GAAP net earnings$734   $0.52   $764   $0.53   $1,179   $0.78  
Non-GAAP adjustments:           
Restructuring and other charges59   0.04   81   0.06   17    0.02    
Acquisition-related charges (credits) 11       0.01       3             (9 )     (0.01 )  
Amortization of intangible assets 29       0.02       29       0.02       29       0.02    
Non-operating retirement-related credits  (55 )     (0.04 )     (56 )     (0.04 )     (21 )     (0.01 )  
Debt extinguishment costs 40       0.03                            
Tax adjustments (a) (116 )     (0.09 )     (80 )     (0.06 )     (315 )     (0.22 )  
Non-GAAP net earnings $ 702       $ 0.49       $ 741       $ 0.51       $ 880       $ 0.58    
                       
GAAP earnings from operations $ 779           $ 826           $ 1,079        
Non-GAAP adjustments:                      
Restructuring and other charges 59           81           17        
Acquisition-related charges (credits) 11           3           (9 )      
Amortization of intangible assets 29           29           29        
Non-GAAP earnings from operations  $ 878           $ 939           $ 1,116        
                       
GAAP operating margin 5   %       7   %       7   %    
Non-GAAP adjustments 1   %       1   %       1   %    
Non-GAAP operating margin 6   %       8   %       8   %    

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

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »
Featured Video
Jobs
CAD Engineer for Nvidia at Santa Clara, 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
Sr. Silicon Design Engineer for AMD at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Upcoming Events
Phil Kaufman Award Ceremony and Banquet to be held November 6 at Hayes Mansion at Hayes Mansion 200 Edenvale Ave San Jose CA - Nov 6, 2024
SEMICON Europa 2024 at Messe München München Germany - Nov 12 - 15, 2024
DVCon Europe 2023 at Holiday Inn Munich – City Centre Munich Germany - Nov 14 - 15, 2024
SEMI MEMS & Imaging Sensors Summit, at International Conference Center Munich Germany - Nov 14, 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