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HP Inc. Reports Fiscal 2023 Full Year, Fourth Quarter Results

Fiscal 2023 net revenue of $53.7 billion is down 14.6% from the prior-year period.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. and its subsidiaries announced fiscal 2023 net revenue of $53.7 billion, down 15% (down 12% in constant currency) from the prior-year period. Fiscal 2023 GAAP diluted net EPS was $3.26, up from $2.98 in the prior-year period and above the previously provided outlook of $2.95 to $3.07. Fiscal 2023 non-GAAP diluted net EPS was $3.28, down from $3.98 in the prior-year period and within the previously provided outlook of $3.23 to $3.35. Fourth quarter net revenue was $13.8 billion, dow...

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