HPQ Q2 2024 Earnings Report Analysis: Key Highlights and Financial Trends
Wednesday, 29 May 2024, 20:22
HPQ Earnings Insights:
HP Inc. (NYSE: HPQ) released its Q2 2024 earnings report, showing a 1% decrease in net revenue to $12.8 billion. The GAAP net earnings fell by 42% to $607 million, or $0.61 per share, compared to the previous year. However, the adjusted EPS rose by 4% to $0.82.
Key Points:
- Net Revenue: Dipped by 1% to $12.8 billion
- GAAP Net Earnings: Decreased by 42% to $607 million
- Adjusted EPS: Increased by 4% to $0.82
Despite the revenue decline, HP's adjusted EPS growth paints a more positive picture for the company's financial performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.