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First quarter net revenue of $13.2 billion is down 4.4% from the prior-year quarter, with free cash flow of $25 million.
February 29, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
HP Inc. and its subsidiaries announced fiscal 2024 first quarter net revenue of $13.2 billion, down 4.4% (down 4.9% in constant currency) from the prior-year period. “Our Q1 results reflect continued progress against our Future Ready plan,” said Enrique Lores, HP president and CEO. “We are bringing terrific innovation to our customers while driving disciplined execution across every facet of the business. As a result, we delivered solid earnings growth this quarter and we are well positioned ...
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