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First quarter net revenue of $12.7 billion is up 4% from prior year, with net cash of $0.8 billion,
February 24, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
HP Inc. reported its first quarter fiscal 2017 results. HP Inc. announced first quarter net revenue of $12.7 billion, up 4% (up 5% in constant currency) from the prior-year period. First quarter GAAP diluted net earnings per share (EPS) from continuing operations was $0.36, flat from the prior-year period and within the previously provided outlook of $0.33 to $0.36. “In Q1, we delivered earnings at the high end of our outlook range with strong free cash flow, driven by relentless executi...
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