Valuation
Valuation
Balance Sheet
Debt
Dividend
Profitability
Income
Investment
Visu uses AI to transform SEC filings and press releases into accurate summaries of earnings and key company events.
HP Announces Leadership Change in Personal Systems Division
Alex Cho, President of Personal Systems at HP, will leave the company on November 1, 2025, after over 30 years of service to pursue other professional opportunities. He will assist with the transition until December 31, 2025.
Ketan Patel has been appointed as the new President of Personal Systems, effective November 1, 2025. Patel has been with HP for over 20 years and previously served as Senior Vice President and Chief Operating Officer for the Global Personal Systems Category.
linkOct 01, 2025 11:01:28
HP Reports Revenue Growth and Increased Earnings in Q3 2025
HP Inc. reported net revenue of $13.9 billion for the third quarter of fiscal 2025, marking a 3.1% increase compared to the same period last year. The growth was attributed to strong performance in Personal Systems, with net revenue in that segment reaching $9.9 billion, an increase of 6%. The company's GAAP diluted net earnings per share (EPS) rose to $0.80, surpassing previous guidance, while non-GAAP diluted EPS was $0.75, down from $0.84 in the prior year. HP generated $1.5 billion in free cash flow during the quarter and paid a dividend of $0.2894 per share, totaling $272 million in cash usage for dividends and share repurchases of approximately 5.5 million shares for $150 million.
For the fourth quarter of fiscal 2025, HP expects GAAP diluted EPS to range between $0.75 and $0.85 and non-GAAP diluted EPS between $0.87 and $0.97. The company anticipates generating free cash flow between $2.6 billion and $3.0 billion for the fiscal year. HP's financial outlook reflects the impact of current U.S. trade-related regulations and ongoing market dynamics. The Personal Systems segment continues to show unit growth, while the Printing segment experienced a decline in revenue and hardware units.
linkAug 27, 2025 16:06:39
HP Inc. Reports Q2 Results with Decline in Earnings Per Share
HP's cash flow situation showed a net cash provided by operating activities of $38 million, but the company reported negative free cash flow of $(95) million. The company ended the quarter with $2.7 billion in gross cash. In terms of segment performance, Personal Systems net revenue increased to $9.0 billion, while Printing net revenue decreased to $4.2 billion. Looking ahead, HP has adjusted its outlook for the third quarter, estimating GAAP diluted EPS in the range of $0.57 to $0.69 and non-GAAP diluted EPS between $0.68 and $0.80, reflecting the impact of ongoing macroeconomic factors.
linkMay 28, 2025 16:18:16
HP Inc. Announces $1 Billion Public Offering of Senior Notes
HP Inc. has priced an underwritten public offering of senior unsecured notes totaling $1 billion. This includes $500 million in 5.400% notes due in 2030 and $500 million in 6.100% notes due in 2035, with public offering prices slightly below the principal amount for both notes.
There are no specific details regarding the use of proceeds from the offering or its impact on the company's financial position. The pricing of the notes indicates a slight discount from their principal amounts, which may suggest investor considerations regarding interest rates or market conditions.
linkApr 16, 2025 09:16:15
HP Inc. Reports Q1 2025 Revenue Growth and EPS Decline
HP Inc. reported a net revenue of $13.5 billion for the first quarter of fiscal 2025, representing a 2.4% increase from the same period last year. The company achieved GAAP diluted net earnings per share (EPS) of $0.59, aligning with its previous outlook. Additionally, HP returned $0.4 billion to shareholders through share repurchases and dividends, and it raised its Future Ready plan savings target to $1.9 billion by the end of fiscal year 2025.
Conversely, HP experienced a decline in both GAAP and non-GAAP diluted EPS, down 5% and 9% respectively compared to the prior year. The GAAP operating margin decreased to 6.3%, down from 7.1% a year ago. The company also noted an increase in restructuring charges, anticipating a total of approximately $1.2 billion by the end of fiscal year 2025. Furthermore, while net cash provided by operating activities increased, free cash flow was reported at $0.1 billion, indicating a need for careful management of cash resources.
linkFeb 27, 2025 16:18:12
HP Inc. Reports $53.6 Billion Revenue for Fiscal 2024
HP Inc. reported fiscal 2024 net revenue of $53.6 billion, a slight decline of 0.3% compared to the previous year. The company achieved a GAAP diluted net earnings per share (EPS) of $2.81, exceeding its earlier outlook. Additionally, HP returned $3.2 billion to shareholders through share repurchases and dividends, and announced a 5% increase in its dividend. The fourth quarter saw a revenue increase of 1.7% to $14.1 billion, with a GAAP diluted EPS of $0.93, which was also above the prior guidance.
On the downside, HP's fiscal 2024 GAAP net earnings decreased by 15% to $2.8 billion, and GAAP diluted EPS fell by 14% compared to the previous year. The company also experienced a drop in net cash provided by operating activities in the fourth quarter, down 18% year-over-year. Operating margins showed slight declines in both GAAP and non-GAAP categories, reflecting challenges in maintaining profitability amidst fluctuating revenues.
linkNov 26, 2024 16:17:51
HP Inc. Reports Mixed Results for Q3 Fiscal 2024
HP Inc. announced a revenue increase of 2.4% year-over-year, reaching $13.5 billion in the third quarter of fiscal 2024. The company maintained its guidance for earnings per share, reporting $0.65 on a GAAP basis, which aligns with expectations. Additionally, HP generated significant cash flow, returning $0.9 billion to shareholders through dividends and share repurchases, while increasing its buyback authorization to $10 billion. The CEO expressed optimism about the company's innovations and strategic focus on long-term growth.
However, HP faced declines in net earnings, with GAAP net earnings dropping 16% from the previous year, and non-GAAP earnings also down 5%. Margins were slightly lower, indicating challenges in maintaining profitability amid rising costs. The printing segment saw a revenue decline of 3%, contributing to overall concerns about market demand. Although HP is navigating a dynamic environment, these mixed results reflect both positive growth in certain areas and significant hurdles that need to be addressed.
linkAug 28, 2024 16:18:14
HP Welcomes Parkhill as CFO from Medtronic plc
Karen Parkhill, a finance leader with vast experience, joins HP as CFO from Medtronic plc. HP's CEO praises Parkhill's expertise in finance and innovation, expecting her to drive growth and value creation. Parkhill's background includes roles at JP Morgan and Comerica Incorporated. HP Inc. is a global technology leader offering various innovative and sustainable solutions worldwide.
linkJun 26, 2024 09:08:25
HP Inc. Reports Fiscal 2024 Q2 Results
HP Inc. reports Q2 2024 results with net revenue at $12.8 billion, slightly down from the previous year. GAAP diluted net EPS was $0.61, within the outlook range. The company provided $0.4 billion to shareholders through dividends and share repurchases. Personal Systems revenue increased by 3%, while Printing revenue decreased by 8% year over year. HP anticipates generating free cash flow between $3.1 to $3.6 billion for fiscal 2024. CEO Enrique Lores expressed confidence in the company's strategy and growth potential in the AI and hybrid era.
linkMay 29, 2024 16:17:14
HP Inc. Reports Q1 Fiscal 2024 Results
HP Inc. reports Q1 FY24 results with GAAP diluted net EPS of $0.62, meeting outlook. Non-GAAP diluted net EPS at $0.81, also within outlook. Net revenue at $13.2 billion, down 4.4%. HP returned $0.8 billion to shareholders. Personal Systems net revenue down 4%, Printing net revenue down 5%. HP anticipates generating free cash flow in the range of $3.1 to $3.6 billion for fiscal 2024. CEO Enrique Lores notes progress against the Future Ready plan and solid earnings growth.
linkFeb 28, 2024 16:17:20