HP Inc. (HPQ) Tops Q3 EPS by 6c, Offers Guidance

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HP Inc. Reports Fiscal 2020 Third Quarter Results

August 27, 2020 4:05 PM EDT

PALO ALTO, Calif., Aug. 27, 2020 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ)

Third quarter GAAP diluted net earnings per share ("EPS") of $0.52, above the previously provided outlook of $0.35 to $0.41 per shareThird quarter non-GAAP diluted net EPS of $0.49, above the previously provided outlook of $0.39 to $0.45 per shareThird quarter net revenue of $14.3 billion, down 2.1% from the prior-year periodThird quarter net cash from operating activities of $1.7 billion, free cash flow of $1.6 billionThird quarter returned $1.2 billion to shareholders in the form of share repurchases and dividends... More