HP Inc. Reports Fiscal 2021 Second Quarter Results

(a) "NM" represents not meaningful.



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

  Three months ended  Change (pts)
  April 30, 2021  January 31, 2021  April 30, 2020  Q/Q  Y/Y
Segment operating margin:          
Personal Systems6.7% 7.1% 6.6% (0.4)pts 0.1pts
Printing17.9% 19.8% 13.2% (1.9)pts 4.7pts
Corporate Investments(a)NM NM NM NM NM
Total segment10.2% 11.1% 8.7% (0.9)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
  April 30, 2021  January 31, 2021  April 30, 2020
Numerator:     
GAAP net earnings$1,228  $1,068  $764 
Non-GAAP net earnings$1,158  $1,188  $741 
      
Denominator:     
Weighted-average shares used to compute basic net earnings per share 1,234     1,285     1,435  
Dilutive effect of employee stock plans (a) 13     8     5  
Weighted-average shares used to compute diluted net earnings per share 1,247     1,293     1,440  
           
GAAP diluted net earnings per share $ 0.98     $ 0.83     $ 0.53  
Non-GAAP diluted net earnings per share $ 0.93     $ 0.92     $ 0.51  

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