HP Inc. Reports Fiscal 2021 Full Year and Fourth Quarter Results

(a) "NM" represents not meaningful.


 HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY
(Unaudited)
 


  Three months ended  Change (pts)
  October 31, 2021  July 31, 2021  October 31, 2020  Q/Q  Y/Y
Segment operating margin:         
Personal Systems6.5% 8.4% 5.1% (1.9)pts 1.4pts
Printing17.0% 17.6% 14.8% (0.6)pts 2.2pts
Corporate Investments(a)NM NM NM NM  NM 
Total segment9.5% 11.2% 8.0% (1.7)pts 1.5pts

(a) "NM" represents not meaningful.


 HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)
 


  Three months ended
  October 31, 2021   July 31, 2021   October 31, 2020
Numerator:          
GAAP net earnings $ 3,099     $ 1,108     $ 668  
Non-GAAP net earnings $ 1,076     $ 1,198     $ 835  
           
Denominator:          
Weighted-average shares used to compute basic net earnings per share 1,128     1,185     1,347  
Dilutive effect of employee stock plans (a) 14     14     9  
Weighted-average shares used to compute diluted net earnings per share 1,142     1,199     1,356  
           
GAAP diluted net earnings per share $ 2.71     $ 0.92     $ 0.49  
Non-GAAP diluted net earnings per share $ 0.94     $ 1.00     $ 0.62  

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