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First quarter net revenue of $15.6 billion, up 7% from the prior-year period, with free cash flow of $900 million.
March 2, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
HP had a successful first quarter in 2021, with net revenue of $15.6 billion, up 7% from the prior-year period, first quarter net cash provided by operating activities of $1 billion, and free cash flow of $0.9 billion. First quarter GAAP diluted net EPS was $0.83, significantly higher than $0.46 in the prior-year period and above the previously provided outlook of $0.58 to $0.64. First quarter non-GAAP diluted net EPS was $0.92, up from $0.65 in the prior-year period and above the previously pr...
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