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Net revenue was $14.0 billion, up 13% from 2Q 2017, with $937 million of free cash flow.
May 30, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
HP Inc. announced fiscal 2018 second quarter net revenue of $14.0 billion, up 13% (up 10% in constant currency) from the prior-year period. HP’s net cash provided by operating activities in the second quarter was $1.1 billion. HP generated $937 million of free cash flow in the second quarter of fiscal 2018. Second quarter GAAP diluted net EPS was $0.64, up from $0.33 in the prior-year period and above the previously provided outlook of $0.42 to $0.46. Second quarter non-GAAP diluted net EPS ...
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