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HP Inc. Reports Fiscal 2019 First Quarter Results

First quarter net revenue is $14.7 billion, with first quarter free cash flow of $700 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. announced fiscal 2019 first-quarter net revenue of $14.7 billion, up 1% (up 2% in constant currency) from the prior-year period.   First quarter GAAP diluted net EPS was $0.51, down from $1.16 in the prior-year period and above the previously provided outlook of $0.46 to $0.49. First quarter non-GAAP diluted net EPS was $0.52, up from $0.48 in the prior-year period and within the previously provided outlook of $0.50 to $0.53.   “We continued to drive top and bottom line growth in Q1 and ...

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