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HP Inc. Reports 3Q 2016 Fiscal Results

Announced third quarter net revenue of $11.9 billion, with $1.1 billion of net cash.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP announced its third quarter 2016 results. Third quarter net revenue were $11.9 billion, down 4% (down 1% in constant currency) from the prior-year period, with third quarter GAAP diluted net earnings per share from continuing operations of $0.49, above the previously provided outlook of $0.40 to $0.43 per share   Third quarter non-GAAP diluted net earnings per share from continuing operations was $0.48, also above the previously provided outlook of $0.43 to $0.46 per share, while third quar...

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