Hp inc. reports fiscal 2024 second quarter results
Palo alto, calif., may 29, 2024 (globe newswire) -- hp (nyse: hpq) second quarter gaap diluted net earnings per share ("eps") of $0.61, within the previously provided outlook of $0.58 to $0.68 per share second quarter non-gaap diluted net eps of $0.82, within the previously provided outlook of $0.76 to $0.86 per share second quarter net revenue of $12.8 billion, down 0.8% from the prior-year period second quarter net cash provided by operating activities of $0.6 billion, free cash flow of $0.5 billion second quarter returned $0.4 billion to shareholders in the form of dividends and share repurchases hp inc.'s fiscal 2024 second quarter financial performance q2 fy24 q2 fy23 y/y gaap net revenue ($b) $ 12.8 $ 12.9 (0.8)% gaap operating margin 7.4% 5.8% 1.6 pts gaap net earnings ($b) $ 0.6 $ 1.1 (42)% gaap diluted net eps $ 0.61 $ 1.06 (42)% non-gaap operating margin 8.8% 8.6% 0.2 pts non-gaap net earnings ($b) $ 0.8 $ 0.8 3% non-gaap diluted net eps $ 0.82 $ 0.79 4% net cash provided by operating activities ($b) $ 0.6 $ 0.6 (9)% free cash flow ($b) $ 0.5 $ 0.5 (11)% notes to table information about hp inc.'s use of non-gaap financial information is provided under "use of non-gaap financial information" below.
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