HP Inc. Reports Fiscal 2021 Second Quarter Results


HP INC. AND SUBSIDIARIES
ADJUSTMENTS TO GAAP NET EARNINGS, EARNINGS FROM OPERATIONS,
OPERATING MARGIN AND DILUTED NET EARNINGS PER SHARE
(Unaudited)
(In millions, except per share amounts)

  Three months ended
  April 30, 2021  January 31, 2021  April 30, 2020
  Amounts  Diluted
net earnings
per share
  Amounts  Diluted
net earnings
per share
  Amounts  Diluted
net earnings
per share
GAAP net earnings$1,228  $0.98  $1,068  $0.83  $764  $0.53 
Non-GAAP adjustments:                 
Restructuring and other charges 39   0.02   121   0.10   81   0.06 
Acquisition-related charges 10   0.01   6      3    
Amortization of intangible assets 32   0.03   29     0.02       29       0.02  
Non-operating retirement-related credits (38)       (0.03)     (38)       (0.03)     (56)       (0.04)  
Tax adjustments (a) (113)       (0.08)       2         (80)       (0.06)  
Non-GAAP net earnings $ 1,158     $ 0.93     $ 1,188     $ 0.92     $ 741     $ 0.51  
                           
GAAP earnings from operations $ 1,362         $ 1,321         $ 826      
Non-GAAP adjustments:                              
Restructuring and other charges   39           121           81      
Acquisition-related charges   10           6           3      
Amortization of intangible assets   32           29           29      
Non-GAAP earnings from operations $ 1,443         $ 1,477         $ 939      
                       
GAAP operating margin 8.6 %       8.4 %       6.6 %    
Non-GAAP adjustments 0.5 %       1.0 %       0.9 %    
Non-GAAP operating margin 9.1 %       9.4 %       7.5 %    

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



Review Article Be the first to review this article
RELATED NEWS
Latest Blog Posts
    New Members RegistrationNew Members Registration
    February 8th, 2022 by team
    New Members Registration is currently turned off. 12-May-2022 Late yesterday (May 11, 2022), we open the ShareCG registration, just to find that a group (from Bulgaria), opened over 1,000. Of course with such abuse, we had to turn off the …
    Susan Smith HP Announces HP Z240 Tower and Z240 SFF Workstations
    October 2nd, 2015 by Susan Smith
    Jeff Wood - vice president, WW Product Management,  Workstation and Thin Client Business HP and Josh Peterson- director, WW Product Management,  Workstation and Thin Client Business , HP met with the press in a virtual press briefing prior to the …



© 2022 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise