HP Inc. Reports Fiscal 2024 Third Quarter Results


HP INC. AND SUBSIDIARIES
CALCULATION OF DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)
 
  Three months ended
  July 31, 2024  April 30, 2024  July 31, 2023
Numerator:     
GAAP net earnings$640  $607  $766 
Non-GAAP net earnings$819  $812  $859 
      
Denominator:     
Weighted-average shares used to compute basic net earnings per share 979   984   993 
Dilutive effect of employee stock plans(a) 11   6   9 
Weighted-average shares used to compute diluted net earnings per share   990       990       1,002  
           
GAAP diluted net earnings per share $ 0.65     $ 0.61     $ 0.76  
Non-GAAP diluted net earnings per share $ 0.83     $ 0.82     $ 0.86  

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