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Printing net revenue was down 19% year over year (down 18% in constant currency) with a 13.2% operating margin.
June 3, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
HP Inc. and its subsidiaries announced fiscal 2020 second quarter net revenue of $12.5 billion, down 11.2% (down 10.1% in constant currency) from the prior-year period. Second quarter GAAP diluted net earnings per share (EPS) was $0.53, above the previously provided outlook of $0.46 to $0.50 per share. “The strength of HP’s diversified portfolio, go-to-market capabilities and balance sheet position us well to navigate macroeconomic challenges and drive long-term value creation,” said Enrique ...
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