HP (NYSE: HPQ):
- Fiscal 2022 GAAP diluted net earnings per share (“EPS”) of $3.05, below the previously provided outlook of $3.46 to $3.56 per share
- Fiscal 2022 non-GAAP diluted net EPS of $4.08, within the previously provided outlook of $4.02 to $4.12 per share
- Fiscal 2022 net revenue of $63.0 billion, down 0.8% from the prior-year period
- Fiscal 2022 net cash provided by operating activities of $4.5 billion, free cash flow of $3.9 billion
- Fiscal 2022 returned $5.3 billion to shareholders in the form of share repurchases and dividends
- Fourth quarter GAAP diluted net EPS was negligible, below the previously provided outlook of $0.44 to $0.54 per share, due to one-time non-cash tax adjustments
- Fourth quarter non-GAAP diluted net EPS of $0.85, within the previously provided outlook of $0.79 to $0.89 per share
- Fourth quarter net revenue of $14.8 billion, down 11.2% from the prior-year period
- Fourth quarter net cash provided by operating activities of $1.9 billion, free cash flow of $1.8 billion
- Fourth quarter returned $1.0 billion to shareholders in the form of share repurchases and dividends
- HP Inc. announces dividend increase of 5%
- HP Inc. announces Future Ready Transformation Plan, estimates annualized gross run rate cost savings of at least $1.4 billion by the end of fiscal 2025, and restructuring and other charges of approximately $1.0 billion
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