Industry News, Ink Manufacturers News, Printers News

HP Inc. Reports Fiscal 2016 Full-Year and Fourth Quarter Results

HP generated $3.2 billion in net cash provided by operating activities and $2.8 billion of free cash flow in fiscal 2016.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. announced fiscal 2016 net revenue of $48.2 billion, down 6% (down 2% in constant currency) from the prior-year period.   Fiscal 2016 GAAP diluted net earnings per share (EPS) from continuing operations was $1.53, down from $2.02 in the prior-year period and above the previously provided outlook of $1.46 to $1.49. Fiscal 2016 non-GAAP diluted net EPS was $1.60, up from $1.46 in the prior-year period and within the previously provided outlook of $1.59 to $1.62.   Fourth quarter net rev...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters