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HP Fiscal Q2 Non-GAAP Earnings Rise, Revenue Declines; Q3 Outlook Set
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HP Fiscal Q2 Non-GAAP Earnings Rise, Revenue Declines; Q3 Outlook Set
May 29, 2024 2:21 PM

04:48 PM EDT, 05/29/2024 (MT Newswires) -- HP (HPQ) reported fiscal Q2 non-GAAP earnings Wednesday of $0.82 per diluted share, up from $0.79 a year earlier.

Analysts surveyed by Capital IQ expected $0.81.

Revenue for the quarter ended April 30 was $12.80 billion, down from $12.91 billion a year earlier.

Analysts surveyed by Capital IQ expected $12.61 billion.

The company said it expects fiscal Q3 non-GAAP EPS of $0.78 to $0.92. Analysts surveyed by Capital IQ expect $0.85.

HP narrowed its fiscal 2024 non-GAAP EPS guidance to the range of $3.30 to $3.60 from $3.25 to $3.65. Analysts surveyed by Capital IQ expect $3.43.

Price: 32.76, Change: +0.01, Percent Change: +0.03

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