Hp inc. reports fiscal 2024 third quarter results

Palo alto, calif., aug. 28, 2024 (globe newswire) -- hp (nyse: hpq) third quarter gaap diluted net earnings per share ("eps") of $0.65, within the previously provided outlook of $0.63 to $0.77 per share third quarter non-gaap diluted net eps of $0.83, within the previously provided outlook of $0.78 to $0.92 per share third quarter net revenue of $13.5 billion, up 2.4% from the prior-year period third quarter net cash provided by operating activities of $1.4 billion, free cash flow of $1.3 billion third quarter returned $0.9 billion to shareholders in the form of share repurchases and dividends share repurchase authorization increased to $10.0 billion hp inc.'s fiscal 2024 third quarter financial performance   q3 fy24 q3 fy23 y/y gaap net revenue ($b) $ 13.5     $ 13.2     2.4 % gaap operating margin   7.0%       7.2%     (0.2 ) pts gaap net earnings ($b) $ 0.6     $ 0.8     (16 )% gaap diluted net eps $ 0.65     $ 0.76     (14 )% non-gaap operating margin   8.1%       8.8%     (0.7 ) pts non-gaap net earnings ($b) $ 0.8     $ 0.9     (5 )% non-gaap diluted net eps $ 0.83     $ 0.86     (3 )% net cash provided by operating activities ($b) $ 1.4     $ 1.0     46 % free cash flow ($b) $ 1.3     $ 0.9     50 % 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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